# Momentum and Big Range

A simple momentum and big range strategy with breakeven trailing stop and RSI-based exits.

Canonical: https://prismaticalgos.com/compendium/algo/2028-momentum-and-big-range
Record ID: 2028
Catalog rank: 2823 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.prorealcode.com/topic/looking-for-momentum/
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: NASDAQ
- timeframes: 15 min
- sessions: 09:05-09:05 + 2500 minutes
- market_regime: trending

## Indicators

- EMA: {"period": 20}; applied to: close
- RSI: {"period": 14}; applied to: close
- Bollinger Bands: {"mult": 2, "period": 20}; applied to: close

## Recorded long-entry rules

- close-tradeprice(1)>=startBreakeven*pipsize
- openStrongLong = 1

## Recorded short-entry rules

- //IF close < open and close < open[1] THEN openStrongShort = 1 //

## Recorded exit rules

- IF longonmarket and barindex-tradeindex>1600 and close<positionprice THEN sell at market
- IF shortonmarket and barindex-tradeindex>1800 and close>positionprice THEN exitshort at market
- IF myrsiM5<30 and barindex-tradeindex>1 and longonmarket and close>positionprice THEN sell at market
- IF myrsiM5>70 and barindex-tradeindex>1 and shortonmarket and close<positionprice THEN exitshort at market

## Recorded filters

- range OK 30 pips
- trade minimum 2500 pips
- Bollinger Bands percentage 50-100

## Risk controls

- Stop loss: 100 pips
- Take profit: 175 pips
- Position sizing: 1 contract