Bull and Bear Market Strategies
Strategy Name: Momentum Sniper Dual Direction
Strategy Description:
Momentum Sniper Dual Direction is a short-term, momentum-driven trading strategy built for intraday traders who want to capture quick moves in both bullish and bearish market conditions. It leverages a combination of volume participation (via Price Volume Trend) and trend confirmation (via MACD crossovers) to identify high-probability trade entries. The strategy operates with tight risk controls, aiming for small, consistent profits while minimizing downside exposure. It's an ideal fit for active traders seeking directional agility with disciplined trade structure.
Core Setup:
Momentum Confirmation (Long & Short):
Long Entry Trigger: MACD Line crosses above the Signal Line on the 5-minute chart, indicating the start of a bullish momentum phase.
Short Entry Trigger: MACD Line crosses below the Signal Line on the 5-minute chart, signaling the beginning of bearish momentum.
Volume-Driven Market Filter:
Participation Filter: PVT value must be greater than 10, confirming that directional price action is supported by strong volume and volatility.
Profit Target & Risk Control:
Take Profit: +0.5%
Stop Loss: -0.5%
This symmetric 1:1 reward-to-risk ratio allows for rapid entries and exits, reducing exposure to intraday reversals while enabling consistent trade execution in both market directions.
Ideal For:
Traders seeking a balanced long/short strategy that adapts to evolving market trends
High-liquidity assets with clear momentum characteristics (e.g., QQQ, AAPL, BTC, AMD)
Momentum Sniper Dual Direction offers a nimble, dual-directional playbook for intraday momentum traders — using volume as a filter and MACD as a trigger to hunt for clean, short-term opportunities in active markets.
Next steps:
Make this strategy your own – click here to customize to suit your preferences.
Try this strategy on a different asset or timeframe -
Navigate to the “Create” menu on the homepage, choose your preferred asset and timeframe, then choose “Copy” to duplicate the strategy.
From there, backtest and deploy whenever you're ready.
Reach out to the Level2 team with any questions or if you need tech support
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