Concretum Bands – Intraday Momentum Indicator & Strategy for NinjaTrader

Concretum Bands is a trading tool designed for intraday momentum strategies, based on the research paper “Beat the Market: An Effective Intraday Momentum Strategy for S&P 500 ETF (SPY)”. It includes both an indicator and a strategy, providing a structured approach to identifying trend-following opportunities while filtering out noise.

The indicator dynamically adjusts to market conditions, creating adaptive price bands that define equilibrium zones where supply and demand are balanced. The strategy component applies rule-based entries and exits at key breakout points, following the same principles outlined in the original research.
Features:

Dynamic Noise Area Calculation – Defines price regions where trends are more likely to develop.
Volatility-Based Bands – Adjusts in real-time using a configurable multiplier.
Rule-Based Trade Execution – Trades are only entered when significant imbalances occur.
Includes Both Indicator & Strategy – Works together to automate execution based on calculated price levels.

Concretum Bands is designed to capture intraday momentum while minimizing unnecessary trades. Its methodology is grounded in quantitative research, offering a systematic way to navigate short-term price movements.

For more details, the full research paper can be found here: SSRN Research Paper.