Market / MetaTrader 4 / Indicators /

Exponential Momentum

50 USD

Demo downloaded: 490

Published: 12 May 2016

Current version: 1.3

Exponential Momentum

Item: Exponential Momentum
Rating: 5
Author: Natasha Diedericks

Indicators
Yaser Sabbaghi
Version: 1.3
Updated: 26 September 2017
Activations: 5

Advanced and affordable momentum indicator that fade the fake move of market. It is smoothed because of special sophisticated exponential averaging calculation. It is also similar to special type of CCI with more tolerance to overbought or oversold conditions with built-in momentum indication. This indicator is able to empower your trading as a trend detector, CCI and market momentum scale measurement.

Features

Smoothed to filter uncomfortable noises.
Non-Lagging Exponential averaging.
Line or Histogram drawing.
Momentum on both bullish and bearish move.
You can also use it like CCI indicator.

How to use it

Trend Following, GREEN for Bullish and PINK for Bearish. Take Buy position when the indicator make a bottom and reverse upward or take Sell position when the indicator peaks and reverse down.
Momentum Strength, higher value means higher strength. In case that this indicator reached to extremely high or low values (relative to its historical values), you should assume a continuation of the current trend. For example, if the Momentum indicator reaches extremely high values and then turns down, you should assume prices will probably go still higher. In either case, only trade after prices confirm the signal generated by the indicator (for example, if prices peak and turn down, wait for prices to begin to fall before selling).
Divergence:

A Bullish divergence occurs when the price is making new lows while the indicator fails to make a new low.
A Bearish divergence occurs when the price is making new highs while the indicator fails to make new highs.

Both of these divergences are most significant when they occur at relatively overbought/oversold levels.

Inputs

Indicator_Type: To set the type of indicator drawing to LINE or HISTOGRAM.
FirstMomentumAveraging: Exponential Averaging periods that would be apply over Candles height.
SecondMomentumAveraging: Exponential Averaging periods to smooth the first one averaging.
ThirdMomentumAveraging: Exponential Averaging periods to smooth the second one averaging.
SafeMode: By set it to true, the indicator color is changed by passing zero level.
Alert when market change: Alert in MT4 terminal when the market change direction and indicator pass the zero line.
Mobile Phone Notification: Send notification to your mobile phone when the market change direction and indicator pass the zero line.

more...

6103

Natasha Diedericks 2020.04.03 11:28 #

Thanks

747

Marcel Pietropaolo 2018.01.25 08:27 #

Excellent! One of the best indicator I have ever seen!

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Triangle Trader ( Triangile Trader ) This EA assist professional traders for semi-auto trading. It takes position when the price break out the hypotenuse and adjacent leg of TRIANGLE in the chart. When the trader can not distinguish the trend and possibility of both BULLISH and BEARISH break out are expected, this EA will be trader magic stick. At this EA, trader needs to adjust two plotted Trade Lines in the chart as Hypotenuse and Adjacent Leg of a TRIANGLE . The opposite leg will be draw

30 USD

You may see how Martingale EAs crudely re-open doubled size new trades in fixed steps and continue this rudimentary decisions until to reach account call margin; this is a big problem. The resolution to this problem is a Smart EA that calculates accurate entry points for every single order, a Safe EA that observes market volatility to exit from high risk situations and conditions, and finally a Steady EA to satisfy traders and investors for a long period. This is why this EA is called Smart S

59 USD

Are you subscribed to receive trading signals via e-mail? Are you a signal provider and going to send signals via email to your client? This EA is a wizard to automatically scan all received e-mails through e-mail client software for trading signals. EA only reads received email's with specified subject from designated sender not all e-mails. EA scan email's body, explore it for keywords, match keywords with intended patterns, then extract the signal from email's body. The extracted signal

192 USD

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6103

Natasha Diedericks 2020.04.03 11:28 #

Thanks

747

Marcel Pietropaolo 2018.01.25 08:27 #

Excellent! One of the best indicator I have ever seen!

Version 1.3 2017.09.26

Add Push Notification on Mobile phone
Add Alert when market direction change

Version 1.2 2016.09.29

- Bug fix for tick by tick re-calculation