# Go with the Momentum A simple momentum strategy using price action and filters for entry and exit on NASDAQ, 5-minute timeframe. Canonical: https://prismaticalgos.com/compendium/algo/2030-go-with-the-momentum Record ID: 2030 Catalog rank: 2816 (reading order, not performance) Snapshot: 2026-10-31 15:46 UTC Family: Trend Following & Directional (A) Source: https://www.prorealcode.com/topic/simple-momentum-strategy/ 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: 5 min - sessions: 08:05-08:05 + 2500 bars - market_regime: trending ## Indicators - Momentum: {"period": 21}; applied to: close - Average: {"count": 8, "period": 100}; applied to: close - Average: {"count": 8, "period": 110}; applied to: close - RSI: {"period": 14}; applied to: close - Bollinger Bands: {"matype": 1, "period": 20, "stddev": 2}; applied to: close ## Recorded long-entry rules - Close > Close[1] AND Close[1] > Close[2] AND Close[2] > Close[3] AND Close[4] > Close[5] - PxMomentum - opendayofweek <> 2 - F1 ## Recorded short-entry rules - Not specified. ## Recorded exit rules - myrsiM5<30 and barindex-tradeindex>1 and longonmarket and close>positionprice - myrsiM5>70 and barindex-tradeindex>1 and shortonmarket and close