Trend and Momentum Bot
Two popular trading styles use indicators for trend and momentum. Identifying if a security is in a long-term uptrend, and has strong momentum, often creates an interesting setup for new trades. In this live bot workshop we'll dive into a trend and momentum strategy.
- Use a combination of two technical indicators to scan for long equity entries.
- Ensure technical readings are not overbought using grouped decisions.
- Build a monitor automation with management decisions for multiple exits based on profit targets, time until expiration, and stop-loss levels.
- Use custom inputs to create flexible variable fields for multiple tickers within the same bot.
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