# Monthly Momentum Bot

## Overview

The Monthly Momentum Bot was inspired by the following post which also contains the rules for the strategy:

![Strategy Rules](strategy_rules.png)

While the strategy can be applied to any time frame, it was developed with the monthly chart in mind, as the name implies.

## Backtest Results

### SPY

![SPY Analysis](./backtest-results/spy_analysis.png)

![SPY Summary](./backtest-results/spy_summary.png)

### QQQ

![QQQ Analysis](./backtest-results/qqq_analysis.png)

![QQQ Summary](./backtest-results/qqq_summary.png)

## Weekly Backtest

Out of curiosity, I decided to backtest the weekly chart as well.

The results are as follows:

### SPY

![SPY Weekly Analysis](./backtest-results/spy_weekly_analysis.png)

![SPY Weekly Summary](./backtest-results/spy_weekly_summary.png)

### QQQ

![QQQ Weekly Analysis](./backtest-results/qqq_weekly_analysis.png)

![QQQ Weekly Summary](./backtest-results/qqq_weekly_summary.png)

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