momo pro features Our Focus on Usability While Building MOMO Pro... We spend a lot of time thinking how we can make MOMO better. I like to think of it as putting my OCD to good use. Frustrations with how many applications work (or don't) plays a big part into the value I take away from the application. I
day trading Trader Checklist: Steps to determine whether to exit at a loss. There are several mental steps a trader should take in determining whether or not to exit a trade at a loss: 1. Assess the reason for the trade: It's important to understand the reason why you entered the trade in the first place. Did you have a clear
Best of Is MOMO Pro Stock Scanner "Worth It"? In our search analytics we are seeing this as a question being asked and wanted to shed some light on this, albeit a bit biased, of course because we wrote it. So here goes... When my family and I go on vacations, we inevitably wind up hiking some mountain or
Average True Range Pros and Cons of Using ATR in Day Trading Average True Range (ATR) is a technical analysis indicator that measures the volatility of a stock. This indicator is often used by day traders to assess the level of risk associated with a particular stock and to make more informed trading decisions. One of the main advantages of using ATR
MOMO features Scanning for Volatility with ATR Finding your perfect momentum setup is only good if the stock is predisposed to actually move. ATR scanning adds that dimension to MOMO Pro+. As a refresher, ATR - Average True Range is a basic indication of price movement over time. We've taken ATR and converted to ATR%
short squeeze MOMO Squeeze and Short Ratio Deliver "One of a Kind" Short Squeeze Scan Today I'm happy to announce we've added Short Ratio to MOMO Pro+. Together with our existing indicators you will now have one of a kind insight into stocks bearing the weight of potential short squeeze due to traders perceived increased risk and decreased return from holding
Stockstotrade Goldman's Top 40 Upside List In an early October note, Goldman Sachs listed the 40 stocks that were the furthest below their analysts' price targets (> 50% upside opportunity). For MOMO traders... we see these as solid targets to attack for when momentum shifts bullish. I would be cautious on trying to realize full
MOMO features Top 5 Things You Didn't Know About MOMO Pro Stock Scanner Many of our features are customer-inspired and if you are in software you know it can be difficult to incorporate these features into your platform while not destroying the usability. In order to accomplish these requests, you sometimes have to make some of these features a bit more discrete or
TTM Squeeze Good illustration of a Squeeze Breakout A few minutes ago, I received a MOMO Squeeze alert. Outside of constantly testing and tweaking, I am always looking for those ripe breaks in biotech. Eli Lily obviously falls into that category. MOMO Squeeze Notification for LLYTechnically, you can see the bounding boxes which I have drawn to show
stock screener We've Got Updates! We've released a few tweaks and improvements while working on bigger things behind the scenes. Keep reading to see what's new and improved as of Sept 28th! Float - Prior to this release we were restricted to largely showing shares outstanding since our data feed wasn&
programmable stock alerts MOMO Trend 2 - Promising Bullish Alert Criteria We frequently recieve questions about how to to configure the Conditional Alerts. We try and refrain from providing the "killer filters" because everyone trades differently, but lately have spent some time testing generic alert types to should be attractive to traders getting started with MOMO. The alert we
Performance Update MOMO Pro Discovery Performance Upgrade Now Available! With our every-increasing data demands, performance requirements, and growing international audience we have had to re-architect our data delivery. Until today we have been using a fairly standard approach using a combination of sockets and REST calls sent from a single, large cloud server located in the US. Perhaps unsurprisingly
relative strength Now Available - Relative Strength Screen! As the saying goes - a high tide raises all boats and the same usually goes with the markets to the extent it becomes difficult to screen for anomolous and outsized activity. To solve that we have released a our Relative Strength screen. As of today all MOMO Pro and
stock scanner Available Volume Options for Uncovering Liquidity and Unusual Activity. We have a love/hate relationship with volume (many things, but volume in particular). In fact, initial versions of MOMO had no volume-based filters or data. Despite our belief about volume distorting breakout intents, we eventually buckled and embraced price's sidekick in a way which we felt aligned
psychology Trading Psychology: Timing the Bounce To time stock market bounces, it is important to understand investor psychology and the impact to supply and demand. Terrible news freaks out the market and shakes out positions - ultimately dropping price. No surprise. Buying the resulting dip while ignoring the collective market's sentiment and fear can
stock filters How to Use Discovery Stock Filters Last week we made a slight adjustment to our Discovery (Avail in Pro, Pro+) Filtering and thought would be good to review how to use. First off we built it to support "one off" queries and provide a way to save those filters you frequently access. By default,
stock market Market Review: Trend is your Friend or ? The week of July 4th is historically quiet for the markets. With many chosing to hit the beaches or their preferred vacation haunts, its typically a tough time to find market direction. For those of you chosing to take refuge behind your keyboards instead of pursing 2nd degree burns, here
market strategy Why I use TXN as a Market Indicator Texas Instruments is one of the driest tech businesses in the universe of stocks. By driest, I mean most basic, vanilla tech out there. Sure they invented DLP and other novel technologies, but the success of the business model verses degree of innovation is skewed. They have had very good
Dashboard Show Simultaneous Streams on Dashboard Last week we shared our reflowable dashboard [https://blog.mometic.com/momo-reflowable-dashboard/] and mentioned how this would provide the needed flexibility to add new functionality. The first thing on our list was to allow you to show multiple streams simultaneously and is available today. The functionality is pretty simple but
features MOMO Reflowable Dashboard We are continuing to ease into our bigger vision and building out MOMO as a platform. To accomplish this we need to do some housekeeping to enable us to more easily add functionality. So today, I wanted to share our reflowable Dashboard. [https://www.youtube.com/watch?v=j76uyIdDfEg]As
realtime stock scanner New Release! Assignable MOMO Streams MOMO started out as a single, realtime high/low stream scan and has evolved considerably over the past couple years. These new features where not tightly integrated with the Stream, so today... we are happy to announce availability of "Assignable Streams". Assignable Streams let you define which data
Nasdaq MOMO Category Classification Listing A few months ago we overhauled how we organized our Categories (formerly Industries) to follow the SIC classification standard. We promised to provide a listing and are finally doing so. This classification applies to the categories in Stream, Discovery Filters, and Conditional Alerts. You can use this to help get
How-To How to build your own Discord Stock Bot with MOMO Pro+ One of our features we released in 2022 was our Webhooks. This gem of code lets you integrate our alerts into your trading tools or communities. The easiest way to do it is with a automation tool such as Zapier [Zapier.com], IFTTT [https://ifttt.com], or Pabbly [www.pabbly.
stock data TradingView: Great for charts, but maybe not for pricing accuracy. We use TradingView - a lot. The performance of their web-based charts is great. But their specialty is in charting data, not providing last tick data across all exchanges. This has caused some of you to occassionaly ask about our data. Just as a quick point, here are a few
stock alerts MOMO Pro+ Delivers Most Powerful Stock Alerts — By Far! MOMO started out as the first mobile app to use APN push for realtime high/low notifications in IOS back in 2015. Now we have evolved to not only send high/low alerts, but 5 other alert types including "Conditional alerts" or complex alerts which don't