Engineering Alpha

Engineering Alpha

Counting Momentum to Derive Signals

Coding the Momentum Counter Trading Strategy in Python

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
May 12, 2022
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The relative strength index (RSI) is a well-known momentum indicator that give out oversold and overbought levels. However, we can also use it in many other creative ways such as the counter technique, a technique of counting the persistence of momentum. This article will discuss all the details related to this strategy. We will start by defining the RS…

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