965 B
965 B
Monthly Momentum Bot
Overview
The Monthly Momentum Bot was inspired by the following post which also contains the rules for the strategy:
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
QQQ
Weekly Backtest
Out of curiosity, I decided to backtest the weekly chart as well.
The results are as follows:
SPY
QQQ
