Review Time
I have been a mometic customer for 6 months and have been very impressed. It's faster than other platforms and I find the customizations to be easy to make without being too complicated and only takes seconds to set up. It has various tools for finding fast breakouts as well as analyzing moves. News is another impressive feature and what prompted me to write this review. It is very fast and comprehensive. In fact, in my tests it was faster to report a news item from the source than the services own app reporting the news! It is linked with listed stocks and a click away from seeing why the breakouts happened.Another feature is that it works as a web app so you get push notifications on your desktop, iphone, and I believe Android phone. They have a few in-house indicators which are useful, especially if you add some basic criteria. MOMO Vector is the most innovative. Number of trades is another that is very rare and I’ve only seen in premium tools It's worth testing to see if it fits your style and very affordable for what you get.
As a momentum day trader, I’ve been using Mometic’s MOMO Pro for the past six months, and it’s now my go-to tool for scanning and getting a pulse on market. The real-time high/low breakout alerts are instant, allowing me to catch stocks early in pre-market activity.Discovery, with the new MOMO Vector indicator filtering really does filter noise and pinpoint volume driven momentum and I can easily customize filters. For example, I can zero in on low-float stocks with unusual volume. The platform is web-based, so I can use it on my phone or desktop seamlessly.Customer support has been responsive, and news is fast and complete. While not my main reason for using it, its great to now have it integrated into one system. For the price its hard to beat MOMO Pro... it has given me clarity into market moves and I highly recommend it for scalpers and swing traders. Definitely worth a try and can’t think of any other tool quite like it.
I really wanted to like Momo Scanner, but honestly, it’s been a pretty frustrating experience overall.Even with carefully chosen filters, the scanner often shows completely irrelevant tickers. It's hard to trust the results when the basics aren’t working correctly. For example when you configure HOD scanner it doesn't show relevant tickers untill you reset the filters.Features like Momo Vector sound promising in theory but don’t deliver in practice. It rarely helps identify the type of momentum plays it's supposed to target. Another big annoyance: every time you switch devices, your layout resets. So if you’ve spent time setting it up just how you want, get ready to do it all over again. It’s a small thing, but it adds up quickly.You can’t set it up to dynamically pop up stocks as they start running. It just shows them once and then they sit there on the "discovery" window until it meets the selection criteria. Sure they have a "stream" window that just shows lows or highs of the day. Which is helpful but not much configurable Discovery windows either floods you with junk "white noise" stocks, or if you tighten the filters it starts missing the actual movers. No normal charts as well, only very clunky "proprietary" charting which is just a line with no candles. And their advertised "sparkline" which is a snapshot of the timeframe of your choice. Not a deal breaker, though, but not very useful eitherOn top of that, this thing is insanely resources hungry. Even on a machine with 16GB of DDR5 RAM, it lags badly especially during the open. I’ve tried closing other apps, using their PWA version, everything. Still lags like crazy. Overall, this was a disappointing and frustrating experience. I expected a lot more polish and performance from a tool designed for active traders. At this point I'm better off using free momoscreener scanner.Positive NoteThe one thing that does work well is the news feed. Updates are fast, and if a stock has breaking news, it usually shows up right away.Everything I wrote above is just my honest opinion based on my personal experience with the scanner. I’m not saying the scanner is bad, it just didn’t work for me. That said, I’d still recommend trying it out for yourself to see if it fits your style. They offer a trial period, and the full version is $40/month, so it might be worth testing
Product Used: Mometic MOMO Pro+Experience: These scanners are really easy to set up and use and work really well. They are fast and respond to changes in the market in real time. Highly recommend them.Value: These are really good scanners that have a ton of features at a great price point. If you compare the subscription prices of other scanners, you get a whole lot of bang for your buck with these. Customer service: Before I signed up, I had some questions that I used the online chat to get answered and had a super pleasant experience. The rep was very eager to tell me about the product, including some new features that were soon to be released. This turned out to be their Vector feature, which I think is a game changer. There are some reviews that say the customer service is not responsive, etc. These seem like they must have come from bots. I have had the complete opposite experience. They are super responsive and want to make sure that your questions are answered, etc. In addition, they are actively on the chat in the app on a daily basis. If you can't get a hold of them, it seems like that has to be your fault for lack of trying.
This company goes out of its way to answer all your questions, they've fixed issues I was having at lightning speed. The people that work there are down-to-earth and genuinely care about providing great service at affordable prices. It's the best scanner I've tried so far and I highly recommend them!
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