Is my Solana memecoin momentum bot idea worth trying?

Hey everyone, I’m considering a bot that tracks new memecoin listings on Raydium by flagging tokens with sudden volume and price jumps. It would simulate short-term ROI and drop tokens that underperform. Does this sound workable, or are there major pitfalls I’m missing?

The bot would primarily use on-chain data to flag tokens that meet these key criteria:

• Volume Spikes: For example, a 50% increase and reaching a $100K volume threshold.
• Price Changes: Looking for tokens that jump 100% within 15 minutes, but also ensuring they don’t drop below -50% in the same period.
• token contract safety check**:** The token contract should disable further minting after launch to prevent dilution. Liquidity Locked: Ensure liquidity is locked for a sufficient period (e.g., at least 90 days) to reduce the risk of rug pulls.
• ROI Simulation: It would simulate returns over 12, 24, and 48 hours after a fixed entry time.
• Monitoring Logic: It stops tracking tokens if their price or volume drops too low (e.g., below 90%) to focus on those that maintain momentum.

The idea is that I would lose 90% of the time but would get high returns on good tokens. The stop loss and takeprofit strategy is still not clear for me. would need to simulate and see what works best.
Would love your thoughts!