Momentum & Up / Down Trend

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Momentum & Up / Down Trend

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This screen looks for coins in a long-term uptrend and a recent bullish momentum upswing. 

Momentum is captured using MACD and RSI indicators, although one could add others like CCI (cross above -100 is bullish and cross below +100 is bearish).

Screen definition (bullish):

  1. Short Term Trend is Up
  2. Medium Term Trend is Up
  3. Long Term Trend is Up
  4. Bullish MACD crossover (MACD is above MACD Signal Line)
  5. Bullish RSI crossover (RSI is above 50)
  6. Volume ($) is above 200,000 (need decent liquidity)

Additionally, a trader could visually examine OBV (On Balance Volume) indicator to see if it’s rising and at or near it’s highs.  This would indicate that “up” days have greater volume than “down” days, which is bullish.