This strategy automates the TradingLatino methodology by evaluating Squeeze Momentum combined with the Average Directional Index (ADX). It executes long or short positions based on momentum shifts and directional strength. Risk management options include const
Strategy · Pine Script v6 · On the chart
Momentum Rotation (Top 3)
Momentum Rotation (Top 3) ranks ten large-cap US tech stocks by their six-month returns using daily closes.
GitHub stars4on the repository
Pine versionv6current
Lines of code100
Settings4inputs
LicenceNone stated
Last update5 months ago31 May 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Momentum Rotation (Top 3) rebalances monthly and holds the top three performing stocks long only on the price chart. A ranking table shows the current order. Main settings adjust the start date, lookback period, number of holdings, and sell buffer. The strategy enters a long position when the held stock ranks in the top three and exits when it falls out of the top four. It has no stop loss and draws the table on the chart.
- momentum ranking
- top 3 large cap
- monthly rebalance
- ranking table
- daily signals
Details
Published by
Jaden300 on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Oscillators & momentum, Trend, Screeners & dashboards
Markets
Stocks
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
Topics
algorithmic-tradingbacktestingstock-markettradingview-ideas
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Start Date | time | timestamp("2019-01-01") | startDate |
| Lookback (bars, 126 = 6 months) | int | 126 | lookback |
| Hold Top N | int | 3 | topN |
| Sell Buffer | int | 1 | holdBuffer |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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