Introduction to Momentum Indicator
Excessive Momentum Indicator is the momentum indicator that measure the excessive momentum directly from raw price series. It does not transform the price into other data like other technical indicator does. Since it uses the price directly, it provides you enhanced trading experience and risk management. This means you can just stick with your chart without too complicated operation.
Excessive Momentum Indicator for MetaTrader 4
Excessive Momentum indicator can be used with volume spread analysis. For practical trading, we focus on identifying accumulation (=demand zone) and distribution area (=supply zone). To do so, you will be identifying demand and supply patterns arond Excessive momentum zone to confirm the accumulation area and distribution area.
Please use one of these two Indicators for accumulation and distribution area identification.
- Volume Spread Pattern Indicator (Advanced Paid Tool)
- Volume Spread Pattern Detector (Free and Light Tool)
Here are the list of tools you can use together with our Excessive momentum indicator.
- Harmonic Pattern Plus
- Harmonic Pattern Scenario Planner
- Price Breakout Pattern Scanner
- Profitable Pattern Scanner
- Elliott Wave Trend
- Advanced Price Pattern Scanner
Excessive Momentum Indicator for MetaTrader 5
Excessive Momentum indicator can be used with volume spread analysis. For practical trading, we focus on identifying accumulation (=demand zone) and distribution area (=supply zone). To do so, you will be identifying demand and supply patterns arond Excessive momentum zone to confirm the accumulation area and distribution area.
Please use one of these two Indicators for accumulation and distribution area identification.
- Volume Spread Pattern Indicator (Advanced Paid Tool)
- Volume Spread Pattern Detector (Free and light Tool)
Here are the list of tools you can use together with our Excessive momentum indicator.
- Harmonic Pattern Plus
- Harmonic Pattern Scenario Planner
- Price Breakout Pattern Scanner
- Profitable Pattern Scanner
- Elliott Wave Trend
- Advanced Price Pattern Scanner
Link 1 [ Excessive Momentum Indicator for MetaTrader 4 ]
Link 2 [ Excessive Momentum Indicator for MetaTrader 5 ]
