Momentum Pro (Tuned v6) — Strategy by NetJacobsson
By NetJacobsson
Performance Metrics
- Author: NetJacobsson
- Symbol: NASDAQ:META
- Timeframe: 1 minute
- Net P&L: −10.78 USD (−0.01%)
- Win Rate: 22.2%
- Profit Factor: 0.347
- Max Drawdown: 12.41 USD (0.01%)
- Total Trades: 27
Description
Momentum Pro (Tuned v6) is an intraday momentum strategy designed to capture high-quality continuation moves while aggressively filtering out chop and low-participation setups. It combines trend alignment, volume confirmation, momentum strength, and volatility-based risk control into a single rules-driven system.The strategy is optimized for 1–5 minute charts on liquid stocks and ETFs and is intended for short-term trading, not mean reversion or scalping.Momentum Pro requires price to be above session VWAP and EMA(8) to be above EMA(18), ensuring trades align with the dominant intraday trend. Momentum quality is confirmed using the MACD histogram and an RSI entry band that favors strength without chasing overextended moves. Relative Volume must exceed a strict threshold to ensure real participation, and ADX is used to avoid low-trend, choppy conditions.Entries occur only on confirmed breakouts above recent highs, reducing false signals during consolidation. Risk is managed using an ATR-based stop that adapts to volatility, paired with a fixed reward-to-risk profit target to enforce positive expectancy. Optional early exits are included to protect profits if momentum fades or price loses VWAP.This strategy is not predictive and does not attempt to call tops or bottoms. It is designed to trade only when multiple conditions align, favoring fewer, higher-quality trades over frequency. It works best when used with a higher-timeframe market bias and strict risk discipline.