MomentumX

MomentumX is a great tool for traders to find possible direction change and continuation in trend. MomentumX indicator inverts momentum and is best used together with Momentum found in your MT4(See picture 2)

It can be used for short term trading and mid term trading on any timeframe and instrument. 


Only setting is period and color of the line.


Check out my other products: https://www.mql5.com/en/users/tkjelvik/seller#products


To spot entries, you can trade crossover between MomentumX and Momentum.

I like to combine it with fast MFI (5 periods) See picture 3 and enter long when MomentumX is abow Momentum and MFI is oversold and exit when MFI is overbought.

You can use different idicators like RSI, Williams%R, Stochastic, Demarker or other instaid of MFI.

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Binary Trader Master is an arrow based indicator that predicts the close of the candle. It does its analysis within one candle only. When the candle opens it requires a few moments to make the analysis and predict the close of the candle. Then it generates a signal. The indicator also allows you to apply time limits that it can use for the analysis which means that you can actually tell the indicator how much time it is allowed to have for the analysis within the candle. The indicator monitors s
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1 (1)
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