Trading Strategy Outsmarting Institutions by Mastering the the "Double Liquidity Headfake" The "Double Liquidity Headfake" is a common trap used by smart money to deceive buyers and sellers in a single progammed play. The event occurs when the market breaks a swing high or low and then reverses in the opposite direction, trapping traders on both sides. By identifying this pattern
How-To The Stock Scanner Guide (and why we built MOMO Pro the way we did) The U.S. stock market has over 7,000 listed stocks moving simultaneously throughout the trading day. There are also another 1800 ETFs and thousands of warrants and other symbols. This doesn't even include the OTC market. To find and filter trading opportunities, most traders utilize the power of stock
dark pool The Mystique of Dark Pool Data: Application or Distraction? The mystique surrounding dark pool data has garnered significant attention from traders, investors, and researchers alike. These private trading venues, where buy and sell orders are hidden from the public, have been a subject of fascination due to their clandestine-sounding name and potential impact on market dynamics. While dark pool
warrior trading Featured MOMO Pro Settings to Help You Trade Like a Warrior Ross has made himself a bit of spectacle online as a trader. Despite his notoriety as a businessman, his charming personality and gift for the livestream is undeniable. However, he charges a massive premium to use his services – as in Lous Vitton-type premium. As many of you have found yourselves
market strategy Why MOMO Pro Provides a "Flattened View" of Regular and Extended Hours A recent MarketWatch article shed light on an intriguing aspect of the stock market that we have known for several years and have been meaning to share: a significant portion of daily returns are made outside of regular trading hours. As the founder of MOMO Pro, I believe it's essential
AI AI Unleashed: Speculation into the Unknown There is an insane number of AI projects being developed and ".ai" businesses being spun up. AI has been present in the enterprise sector for years in various forms, but now, with large language models (LLMs), there is a highly accessible and functional model for people to interact with AI.
Gap Scanner Gap Scanner Now Available in MOMO Pro+ We all know the feeling... we see news late in the evening or over the weekend that suggests a stock is a screaming buy, or perhaps a dump, and want in (or out) regardless of the last quote. This type of FOMO is contagious, and although we all like to
multi-screen Mometic Standards Work with W3C One of the goals we had for 2023 was to start moving MOMO Pro from a "web app" to more of a "web-based platform". While the difference is subtle, the way we see and define a web platform is that a web platform gives users more modular utility across their
short trading How to Find Trades in a Bear Market Looking for opportunities to trade in a bear market can be a daunting task. When the market plunges, losers seem to outnumber gainers by a wide margin, causing panic and uncertainty. But fear not! Experienced traders know that there are always opportunities to be found, even in the most challenging
education Is MOMO Pro a Good Scanner/Screener for Beginners? Oddly, this question hasn't come up before or perhaps frequently enough to notice. Last week, we were checking our search analytics and saw this very question asked a couple times, so I thought I would take a moment to address. MOMO Pro was initially purpose-built for traders looking to supplement
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 believe our
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 and specific
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% which is
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 short positions. While short
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 upside target
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't complete. Now we have
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 wanted to
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 with our
MOMO Pro+ Watchlist for Week of July 18th Markets started to show signs of life again last week, though whether this is a longer rally to mark the end of this bear market or another relief rally remains to be seen. Either way, we have some great set ups heading into next week. Looking through Discovery screener (part
