View the historical results of The Intra-Day Momentum Method as applied to the SP 500 from 3-19-15 to Present
Successful speculation starts with observation. Instead of looking at charts, I have designed a methodology for determining intra-day direction based on 'measured moves' and created applications to answer my questions regarding trade-able tendencies and to assist in my research.PDF Version
An updated paper that includes the probabilities of extended levels being reached and ways to prove that trading in the direction of a trend would likely increase a trader's edge.
A question that has been left unanswered for centuries. Does trend-following give a trader an edge?
Is a solution out there? How do we answer this question? In order to find an answer, I chose to use The Intra-Day Momentum Method Levels as a starting point for the solution. The goal was not to specifically define a trend but to demonstrate mathematical solutions.
The Intra-Day Momentum Method Levels are designed to determine the daily intra-day market direction. The results shown here are presented to demonstrate the model. When applied to over 400 stocks in the S & P 500 from April 2015 through October 2020, we see the following results. The graph below shows the High and Low of the day in relation to The Intra-Day Momentum Levels for this period of time. It demonstrates that the market has a specific price range in which it is most likely to trade.
View the Intra-Day Momentum Method in Real-Time, using a Proprietary web-based application that signals when stocks have crossed the levels.
Current Market Conditions are based on Mathematical Equations that determine the Overall Strength / Weakness of the SP 500.