AlgoTradeAlert Momentum algorithm is designed for the S&P 500 index. We created this algorithm specifically for this index, which is the main index all investors/traders should be following. The algorithm was designed for swing trading using daily and weekly charts, and for longer-term investors using the monthly chart. However, you can also use this algorithm for day trading, keeping in mind that it works best with stocks that have high volume. Contact us at support@algotradealert.com with any questions.
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