Momentum Indicator

31 August 2022, 07:51
Young Ho Seo
0
450

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.


Here are the list of tools you can use together with our Excessive momentum indicator.


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.


Here are the list of tools you can use together with our Excessive momentum indicator.


Link 1 [ Excessive Momentum Indicator for MetaTrader 4 ]

Link 2 [ Excessive Momentum Indicator for MetaTrader 5 ]