The thread explains my momentum scanner and how to build it in #TradePoint software.
@Definedge
Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above previous 5 candle high
3) RSI above 60
4) Volume above previous 5 candles
5) ADX above 30
1/n
Select Double Moving Average 8 and 34
2/n
Under Patterns select Close Above Prev Bars
3/n
Qualify the candle close
4/n
RSI above 60
5/n