For a step-by-step walkthrough on how to use AltraOne effectively, read our detailed guide: How to Use AltraOne — The 3-Step Momentum System
What is Altra Score ?
Altra Score is AltraOne's proprietary momentum score, calculated across multiple timeframes to quantify the bullish or bearish strength of a stock.
The score is derived by assigning weightage to trend and momentum indicators across daily, weekly, and monthly timeframes. The higher the score, the stronger the bullish momentum.
See Altra Score stock ranking What increases the Altra Score
- Different positive weightage to RSI range above 50.
- RSI increasing in different Timeframe.
- Lower TF RSI crossing over Higher TF RSI.
- Positive placement of previous day's closing price with respect to 4 EMAs in Daily Timeframe, 8DEMA, 20DEMA, 50 DEMA, 200 DEMA
- Lower DEMA crossover to Higher DEMA e.g. 8/20 DEMA crossover, 50/200 DEMA crossover
- Positive change in each DEMA, e.g. if EMA is increasing or sloping upwards
- Also 8Week EMA and 30Week EMAs are also used in Weekly Timeframe with same scoring.
What reduces the Altra Score
- Different negative weightage to RSI range below 50.
- RSI decreasing in different Timeframe.
- Lower TF RSI crossing below Higher TF RSI.
- Negative placement of previous day's closing price with respect to 4 EMAs in Daily Timeframe, 8DEMA, 20DEMA, 50 DEMA, 200 DEMA
- Lower DEMA crossing under Higher DEMA e.g. 8/20 DEMA crossunder, 50/200 DEMA crossunder
- Negative change in each DEMA, e.g. if EMA is decreasing or sloping downwards
- Also 8Week EMA and 30Week EMAs are also used in Weekly Timeframe with same scoring.
What is Altra Market Score ?
Altra Market Score is AltraOne's composite market texture score that quantifies the overall breadth and health of a market (NSE, S&P 500, or TSX) on a scale of 0 to 100.
It combines the percentage of stocks trading above key EMAs (8D, 20D, 50D, 200D), the advance/decline ratio, and the number of stocks showing positive vs. negative MTF momentum into a single score. The higher the score, the broader and stronger the bullish participation across the market.
See Altra Market Score What increases the Altra Market Score
- More stocks trading above their 8, 20, 50, and 200 day EMAs.
- Advancing stocks outnumbering declining stocks (positive A/D ratio).
- More stocks showing positive MTF momentum than negative.
- Improving score trend over the trailing sessions.
What reduces the Altra Market Score
- Fewer stocks trading above their 8, 20, 50, and 200 day EMAs.
- Declining stocks outnumbering advancing stocks (negative A/D ratio).
- More stocks showing negative MTF momentum than positive.
- Deteriorating score trend over the trailing sessions.
Altra Market Score zones
- 85-100 : Strong Bull
- 70-85 : Bullish
- 55-70 : Improving
- 45-55 : Mixed
- 30-45 : Cautious
- 0-30 : Bearish
Click "Details" on the market gauge (Market Analysis widget) to see the full breakdown — A/D ratio, 8/20/50/200 EMA participation, MTF counts, and an AI-generated summary of current market conditions.
What is Altra Sector Score ?
Altra Sector Score (sector relative strength) measures whether a sector is outperforming or underperforming its broader market benchmark — Nifty 50 for NSE, S&P 500 for US, and S&P/TSX Composite for TSX.
It compares a sector's price performance to the benchmark's performance over the same period. A sector beating the benchmark has positive RS and is leading; a sector lagging it has negative RS and is lagging. Sectors consistently outperforming across multiple timeframes (3, 6, and 12 months) are treated as stronger momentum candidates, and the best individual stock setups tend to cluster in the best-performing sectors.
Read the full breakdown, including regime classifications (Bullish / Neutral / Bearish) and why RS is different from RSI, in our detailed guide: Sector Relative Strength Ranking Explained
See Altra Sector Score rankingPoints to keep in mind before using momentum dashboard.
- Daily data is collected for stocks in Nifty 50 and Futures categories every evening by software automatically.
- Altra Score is calculated on EOD basis.
- So for now, It's not live intraday data.
- Always verify the last updated date shown in the table header to confirm data freshness before making decisions.
- Since this is EOD momentum score, it is possible bullish/bearish momentum stocks can start showing reversals in 5m/15m/hourly timeframe so for taking trades, it's better to wait for same (bullish/bearish) momentum to align or some trading signal to come in lower timeframe like 15m or hourly. e.g. if you want to take long trade in a stock in Top 10 Altra Score bullish, may be wait for 8/20DEMA crossover in 15m or RSI to go above 60 in 15m or any other way of confirmation you use for bullishness in 15m timeframe.
- With the same logic, it is also better to avoid reversal trades against the Altra Score. e.g. if a stock is in top 10 Altra Score positive list, better to avoid bearish or reversal trades in lower TF as bigger TF momentum can start anytime.
- Momentum strategies tend to underperform when broad market conditions are weak. The Market Texture widget on the main dashboard provides this context — it shows what percentage of stocks are trading above key EMAs (8D, 20D, 50D, 200D). When the majority of stocks are below the 20 DEMA or 200 DEMA, it is generally advisable to reduce exposure to momentum trades.