Strategy test · pattern

Does Momentum thrust work?

Three consecutive bodies in one direction. Tested on every popular stock and coin, with real trading costs taken off.

The short answer

After costs, it kept money on 6 of the 12 stocks and coins we test.

It gave a signal 589 times and worked 171 of them (29%). On average each trade lost -0.01R.

Instrument	Kept a trade	Hit rate	Worked	Signals
ETH Ethereum	+0.16R	33%	16	49
XRP XRP	+0.14R	33%	14	43
JPM JPMorgan Chase	+0.10R	27%	12	44
LINK Chainlink	+0.09R	36%	20	55
AVAX Avalanche	+0.04R	30%	16	53
ADA Cardano	+0.02R	31%	19	61
VOO Vanguard S&P 500 ETF	-0.02R	25%	10	40
BTC Bitcoin	-0.06R	27%	14	51
QQQ Nasdaq 100 ETF	-0.09R	29%	12	42
SOL Solana	-0.12R	27%	17	63
NVDA NVIDIA	-0.15R	29%	12	42
DOGE Dogecoin	-0.22R	20%	9	46

How we tested

Up to 5 years of daily prices for each stock and coin.
Every time the strategy leaned up or down, we took a pretend trade that way. Stop 1.5 ATR away, target 2.25 ATR away, closed after 10 trading days if it hit neither. ATR is how much the price usually moves in a day.
Worked means it reached the target before the stop. If both were touched on the same day, we count it as a loss.
Costs come off every trade: 0.02% a round trip for stocks, 0.2% for crypto.
Kept a trade is in R, the amount risked. +0.10R means 10 cents kept for every dollar risked, on average, after costs.
Strategies that fired fewer than 40 times on a stock are left out: that few is luck.

Re-run every day. Past results do not promise future ones. This is software output, not financial advice.

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Orenth runs all 34 strategies on any stock or coin, and says so when none of them has an edge.

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Analysis software, not financial advice. Every figure here is measured from historical price data and can stop describing the future at any moment. Day trading loses money for the large majority of retail participants, and this tool's own measurements agree with that. Never risk money you cannot afford to lose.
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Analysing

Fetching data, running 34 strategies, and back-testing each one against this instrument's own history.