In todays video we will continue the best trading strategy series in which we compare and backtest dozens of indicators for different purposes to find the best indicators.
In the previous parts of this series we were looking for the, best entry signal indicator the best exit signal indicator, the best baseline indicator and we also researched which assets are best for which strategy types.
If you haven’t seen the previous videos yet I highly-highly recommend you to do so as this series is probably our most valuable content filled with useful knowledge.
Today we will be looking for the best momentum indicator or the best C2 confirmation indicator, testing 11 different momentum based indicators.
I have to warn you that if you are new to algorithmic trading, basic statistics and backtesting this video might not be the best for you, My backtesting sorting and ranking method is complex, however i tred to explain everything as simply as possible.
So if you are new to this take your time, cause once you learn how to do this you will be able to find the best most accurate indicators out there.
in this video I will show you all the indicators, the parameters I will test, explain the testing sorting and ranking method, and finally show you the results revealing which is the best momentum indicator.
As always if you know of other momentum indicators that you want to see tested in a potential part 2 of this video let me know in the comments.

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Chapters:
0:00 Intro
2:11 11 Momentum Indicators
8:50 Backtest Details
18:24 Results
24:08 Outro

Disclaimer:
Historical results does not guarantee future profits.
None of the strategies presented on this channel are trading or financial advice, I am not a financial advisor. Do your own research before using any strategy for live trading.

The Strategy Presented in today video Used Paper Trading.

#tradingview #backtesting #pinescript

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