This is a long-only strategy optimized taking into consideration the underlying's momentum and volatily.
Long story short it opens positions when the momentum is highest and the risk is lowest and closes the same position when the risk-to-reward is no longer optimal.
How to use:
-> To be used on an Index or a tracker
-> Position sizing should be set up to 100% of the portfolio
Well yeah, but buy and hold lacks liquidity.
You can allocate the capital to other investments while the momentum and risk is not favorable.