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Excessive Momentum Indicator MT4

4.86

Introduction

Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and breakout opportunity. The great advantage of Excessive momentum is that it is simple and easy to use. It can go well with most of known techncial analysis including trend indicators, oscillators, Fibonacci trading, harmonic pattern trading, volume spread analysis, Elliott Wave pattern, etc.


Input Settings

A. Indicator settings

  • Bars To Scan: amount of candle bars to calculate the indicator
  • Momentum Strength Factor: Momentum Strength is the strength of Excessive Momentum to detect. It stays between 0.1 and 0.5. In theory it can go up to 1.0. But you will not get many signals to trade. The default setting is 0.1. You can try various Momenum Strength Factor to optimize your trading performance if you wish.
  • Equilibrium Fractal Wave Scale:  This input controls the size of Fractal Wave when we detect the excessive momentum. If you put bigger number, then you get less signals to trade. The default setting is 0.5.
  •    

B. Graphic settings

  • Use White Chart: to use white chart, set to true, otherwise, just set to false
  • Excessive Momentum High Color: Excessive Momentum line color when peak (high) is detected
  • Excessive Momentum Low Color: Excessive Momentum line color when trough (low) is detected
  • Auto Fibo Color: Color of  Automatic Fibnacci Retracment in your chart


How to use

In the indicator, we provide the automatic Fibonacci retracement to gauge the potential reversal opportunity. Hence, you can readily combine the classic Fibonacci trading setup with our Excessive momentum indicator. Do remember that excessive momentum line is the important support and resistance for your trading. Even though you have measured the Fibonacci ratio correctly for the potential reversal opportunity, the price must cross the excessive momentum line for confirmation. Sometimes, price can bounce off from the excessive momentum line. In this case, we get another reversal trading opportunity from excessive momentum line. Just treat the excessive momentum line as sensible support and resistance for your trading.


Some additional tools to help your trading

With excessive momentum indicator, oscillators like RSI and CCI can be used as secondary confirmation tools. This is the basic requirement for your trading.


With Harmonic Pattern and Elliott Wave pattern

If you want to use Excessive momentum indicator together with Harmonic pattern or Elliott Wave pattern, just replace the Fibonacci retracement with your harmonic pattern or Elliott wave pattern measurement (you will need to use external software for this). Alternatively, you can use Fibonacci retracement together with Harmonic pattern and Elliott wave pattern if you wish.


Trading Strategy Guide 

If you want to use Excessive momentum indicator, we also provide the volume spread anlaysis tool kit to assit further with your momentum trading. The volume spread analysis tool kit is available for both free and paid version. You can find the details about them from the link below:

Strategy Guide 1: https://www.mql5.com/en/blogs/post/750346

Strategy Guide 2: https://www.mql5.com/en/blogs/post/750390


Important Note

This is the off the shelf product. Therefore, we do not accept any modification or customization request on this product. In addition, we do not provide any code library or any support for your coding for this product.


리뷰 7
elite luis
3331
elite luis 2023.03.09 14:13 
 

There are many reversal product in market but this excessive momentum reversal is really very accurate, upon recieve signal just need to wait for 10-20 minutes on lower timeframe m1/m5, it repaint but it works, most indicator out there in the market repaint but that doesn't mean doesn't work as indicator get 50% of job done remaining 50% one need to apply TA and be patience to wait for confluence before entry and exit, am happy with the purchase and bought both mt4+mt5. Thanks author for another quality product 5 stars!

lauro1956
4240
lauro1956 2022.08.24 10:01 
 

This indicator... is priceless. I was always lost in my graphics... it centers you, it places you. It is the first indicator that I had of Young Ho and all of them are very well worked, they have filled me with security. 5 stars well deserved

Vincent Paul Colombe
683
Vincent Paul Colombe 2022.01.13 22:30 
 

Great to assess slowing momentum. One of the many great indicators I bought from the author.

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The indicator is designed to work on any trading platform. The program is based on proprietary algorithms and W.D.Ganna's mathematics, allowing you to calculate target levels of price movement based on three points with the highest degree of certainty. It is a great tool for stock trading. The indicator has three buttons: NEW - call up a triangle for calculation. DEL - delete the selected triangle. DELS - completely remove all constructions. The probability of achieving the goals is more than 80
Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
The BB Reversal Arrows technical trading system has been developed to predict reverse points for making retail decisions. The current market situation is analyzed by the indicator and structured for several criteria: the expectation of reversal moments, potential turning points, purchase and sale signals. The indicator does not contain excess information, has a visual understandable interface, allowing traders to make reasonable decisions. All arrows appear to close the candle, without redr
Ferox Breakout
Tat Dat Nguyen
The breakout algorithm is a technique based on price, price features, to shape a breakout strategy. The strategy in this indicator will not be redrawn (none-repaint indicator), it is suitable for short or long term traders In the screenshot is the EURUSD pair, these currency pairs, commodities or stocks, it have similar strength *Non-Repainting (not redrawn) *For Metatrader4 Only *Great For Scalping *Great For Swing Trading *Arrow Entry, Green is Long, Red is Short *Works On Any Timeframe *Work
Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
IA Trendx3 PRO
Marco Aurelio Santos Costa
What if God Created a Trade System? No miracles... Just see how mathematics can be effective in the market. We managed to combine technical analysis / price action into indicators, creating the best setup for trading, be it in Forex, Indices, or stocks. It took us 2 years to create something that really works, and now it's time for you to discover it. TrendX3 is a revolution in trend analysis. Based on advanced algorithms and real-time data, it provides valuable insights so that you can make inf
System Trend Pro
Aleksandr Makarov
System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!   The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the oppo
Full Forex Market View Dashboard
Opengates Success International
5 (2)
전체 외환 시장 보기 대시보드 표시기 이것은 거래자에게 시장에서 일어나는 일에 대한 전체 보기를 제공하기 위해 만들어진 사용자 지정 지표입니다. 실시간 데이터를 사용하여 시장에 액세스하고 성공적인 거래에 필요한 모든 정보를 표시합니다. 설치: 이 지표를 창 차트에 첨부하기 전에 MT4의 Market Watch 패널로 이동하여 필요하지 않거나 거래하지 않는 모든 통화 쌍을 숨기고 나머지는 그대로 두십시오. 그 이유는 FFMV 대시보드가 MT4의 Market Watch에 나타나는 모든 통화 쌍을 표시하기 때문입니다. 최대 30개 이하의 통화 쌍을 표시할 수 있습니다. MT4의 Market Watch에서 그 이상이면 FFMV 대시보드의 글꼴과 이미지가 흐려지고 변형됩니다! 제대로 표시되지 않습니다. 용법:      솔로 트레이딩      바구니 거래의 경우(방법에 대한 스크린샷 참조)      다중 주문 거래에도 사용할 수 있습니다.      자신의 거래
A. A2SR이란 무엇입니까 ?   * 선행 기술 지표입니다(재도장 없음, 지연 없음). -- 안내 : https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- 및 https://www.mql5.com/en/users/yohana/blog A2SR에는 지원(수요) 및 저항(공급) 수준을 결정하는 특별한 기술이 있습니다. 우리가 인터넷에서 본 일반적인 방식과 달리 A2SR은 실제 SR 수준을 결정하는 독창적인 개념을 가지고 있습니다. 원래 기술은 인터넷에서 가져온 것이 아니며 인터넷에 게시된 적도 없습니다. A2SR은 거래 스타일에 따라 SR 수준을 자동으로 선택합니다. 시간 프레임을 변경해도 SR 레벨은 그대로 유지됩니다. 사용하는 시간 프레임에서 실제 SR을 얻지 못하기 때문입니다. A2SR은 거래를 위한 완전한 상품을 보유하고 있습니다 . 실제 지원(수요) 및 저항(공급)에 대한 진정한 개념. 뉴스 이벤트
SMCpro VIP MT4  Original Price  $620   ---  Currently Price 20% OFF ( for unlimited use )   BONUS  AUX VIP Club 2024 : Include  EA Airbag  and  Load Data History  to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only )   Hello World! Introducing.. SMCpro VIP tool and Indicator for MetaTrader 4, designed to revolutionize your trading experience with the ICT Smart Money Concept. This system is meticulously crafted to empower trad
Candle Power Pro
Thushara Dissanayake
4.33 (6)
Candle Power Pro   표시기로 실제 볼륨 정보의 힘을 잠금 해제하십시오. 이 동적 도구는 각 양초의 실제 볼륨 데이터를 캡처하여 총 볼륨의 백분율로 표시합니다. 그렇게 함으로써 시장에서 구매자와 판매자 사이의 지속적인 투쟁을 식별할 수 있습니다. Candle Power Pro는 구매자와 판매자 간의 전투를 총 볼륨의 비율로 표시하여 시장 역학에 대한 귀중한 통찰력을 제공합니다. 구매자와 판매자의 거래량을 분석하여 브레이크아웃을 쉽게 확인할 수 있어 보다 정확한 진입점과 퇴장점을 확보할 수 있습니다. 또한 구매자와 판매자의 거래량을 활용하여 추세를 확인할 수 있으므로 거래 전략의 신뢰성을 높일 수 있습니다. 또한 매수자와 매도자 수의 변화를 분석하여 추세 반전을 식별할 수 있으므로 시장 변화를 한발 앞서 나갈 수 있습니다. 이 표시기는 거래 경험을 향상시키는 다양한 기능을 제공합니다. 쉽게 시각화할 수 있도록 볼륨 평균을 선으로 그리고 추가 분석을 위해 볼륨 백분율을 19
MartingaleArrow
Abdulkarim Karazon
Martingale Arrow는 martingale 바이너리 옵션 거래를 위해 설계된 화살표 유형 mt4 표시기입니다. 이 화살표는 바 열기/인트라 바에 인쇄되고 경고를 제공합니다. 사용 방법: 화살표가 나타나는 순간 거래를 개시하세요. 거래가 성공했다면 다음 신호를 기다렸다가 동일한 로트를 거래하세요. 다음 신호에서 거래가 두 배의 로트를 잃고 신호가 승리할 때까지 계속 그렇게 하는 경우 재설정하고 첫 번째 거래 로트로 거래하세요. 권장 기간: 모두 최소 보증금 : 200 단위. 이 표시기 라이브는 다음을 수행하지 않습니다: 다시 칠하기/뒤로 칠하기 ------------------------------------- ------------- 매개변수: 표시 기간: 변경 시 다른 신호를 제공합니다. 지표 가격/유형 과매수/과매도 수준 경고 입력 화살표 스타일 ==========================================
Gold Channel XAUUSD
Paulo Rocha
5 (1)
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
Connect Indicator
Sukunthakan Ngernbamrung
Connect Indicator is a tool used for connecting indicators between the MQL market and MT4. The connected indicators are made by our group and can be used for other applications, such as sending messages to the Line application or Telegram application. If you have any questions, please don't hesitate to ask us to receive support. Function and indicator buffer Buffer one is the high price of the previous candle. Buffer two is the high price of the previous candle. Usage To connect indicators to fu
Idea: RSI ( Relative Strength Index) and CCI ( Commodity Channel Index ) are powerfull to solved the market.  This indicator has Smoothed Algorithmic signal of RSI and CCI. So that, it separates the market into buy and sell zones, these areas are marked with arrows, red for downtrend, green for uptrend. This algorithm has the effect of predicting the next trend based on the historical trend, so users need to be cautious when the trend has gone many candles. Please visit screenshots
Order Block Indicator MT4
Diego Arribas Lopez
5 (3)
[ MT5 Version ] Order Block Indicator MT4 Order Block Indicator MT4  is currently the most accurate and customizable indicator in the market. It has been developed to facilitate the analysis of operations based on Order Blocks and Supply and Demand Zones. These zones are possible reversal points of a movement. Order Blocks indicate a possible accumulation of orders in one area. The price usually gets to reach and react strongly to those areas. The most relevant levels for this reaction are the c
Chaos Indicator
Stefano Frisetti
DESCRIPTION The CHAOS INDICATOR has been developed to be used for the TRADING STRATEGY OF CHAOS, as described in the book. The book is in italian language only and can be obtained only on my website indicated below. DATAS COLLECTED AND SHOWN ON GRAPHS The CHAOS INDICATOR apply easily to any graph and any asset, and it is a TRADING FACILITATOR, as it identify immediately the following items on any graph: - The GP (= RIGHT PRICE) i.e. the price to which the asset should be attracted within 24
MT4 "독수리 눈 지표"로 바이너리 옵션 거래의 가능성을 극대화하세요 메타트레이더 4(MT4)용 "독수리 눈 지표"를 활용하여 바이너리 옵션 거래의 혁명적인 세계에 도약해 보세요. 이 혁신적인 도구는 수술적인 정확성과 비교할 수 없는 수익성을 제공하여 거래 경험을 변화시킬 준비가 되어 있습니다. 잠재력의 경계가 깨지고 수익이 극대화되는 세계로 뛰어들어 보세요. 독수리 눈 지표의 뛰어난 정확성과 흔들림 없는 신뢰성 덕분에 시장의 숨겨진 비밀을 해결할 수 있습니다. 세심한 세부 사항에 주의를 기울여 개발된 이 최첨단 지표는 고급 알고리즘, 철저한 기술적 분석, 실시간 시장 데이터를 결합하여 탁월한 거래 이점을 제공합니다. 독수리 눈 지표는 시장의 포인트를 정확하게 파악하여 통찰력 있는 신속한 결정을 돕습니다. 직관적인 인터페이스와 사용하기 쉬운 디자인을 통해 초보 트레이더도 쉽게 바이너리 옵션의 복잡성을 탐색하고 이 도구의 엄청난 힘을 최대한 활용할 수 있습니다. 추측과 감정에 기반한
PZ Swing Trading
PZ TRADING SLU
5 (4)
Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
PZ Divergence Trading
PZ TRADING SLU
5 (3)
Tricky to find and scarce in frequency, divergences are one of the most reliable trading scenarios. This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Finds regular and hidden divergences Supports many well known oscillators Implements trading signals based on breakouts Displays suitable stop-loss and take-profit levels Configurable oscill
ECM Channel MT4
Paulo Rocha
5 (1)
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
Full STO
Roman Smoroda
전체 STO 표시기 (프리미엄, 골드, 실버의 세 가지 STO 표시기의 모든 버전 포함)-안정적인 거래 옵션은 자동 바이너리 옵션 거래를 위해 설계되었습니다.  주의 깊게 읽기!!!!! 중요 하나의 터미널에서 만기가 다른 두 개의 템플릿, 즉 18:01, 18:02의 만기가 1 분에서 15 분인 템플릿과 10 분에서 20 분의 만기가 22:00 인 템플릿을 만듭니다. 승률: 지난 5년간 71% 자금 관리: 예치금에서 0.3 이 버전의 지표는 모스크바 시간 18:01, 18:02, 22:00 거래 전용으로 설정되며 실버 및 금의 경우 1에서 15까지, 프리미엄 버전의 경우 10에서 20 분까지 만료됩니다. 신호는 양초 내부에 나타나고 커넥터를 사용하면 양초 내부에 마크 개구부를 넣으면 즉시 거래를 시작합니다. 표시기가 완전히 구성되었으므로 직접 변경할 필요가 없습니다. 설치 및 거래 !!! 확인 및 테스트없이 지표를 구입하지 마십시오. 실제 계정에서
Gann Zone Pro
Kirill Borovskii
This indicator identifies and displays zones, as it were areas of strength, where the price will unfold. The indicator can work on any chart, any instrument, at any timeframe. The indicator has two modes. The indicator is equipped with a control panel with buttons for convenience and split into two modes. Manual mode: To work with manual mode, you need to press the NEW button, a segment will appear. This segment is stretched over the movement and the LVL button is pressed. The level is displayed
제작자의 제품 더 보기
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Harmonic Pattern Plus MT4
Young Ho Seo
4.47 (19)
Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
FREE
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
Introduction to Sideways Market Analyzer Notable period of Low volatility and non-trending movements in the financial market is considered as Sideways Market. Sooner or later, the low volatility will increase and the price will pick up a trend after Sideways Market. In terms of trading point of view, Sideways Market can serve as the very good entry timing for traders. Sideways Market is also quite often the representation of accumulation of large orders from big investors. Therefore, knowing the
Introduction to Fibonacci Volatility Indicator Volatility indicator can help you to detect any statistical advantage for your trading. Especially, if you are trading with Price Action and Price Patterns, then we recommend to use the Volatility indicator together with your strategy. Especically, Fibonacci Volatility indicator combines the market volatiltiy with Fibonacci Analysis to provide you more advanced volatiltiy indicator. Main Features Fibonacci Volatility in Z score Configuration Mode Fi
Elliott Wave Trend MT5
Young Ho Seo
4 (3)
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit ou
FREE
Time Box Indicator MT5
Young Ho Seo
5 (3)
Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timeframe for daily box Number of days
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Introduction to Sideways Market Analyzer Notable period of Low volatility and non-trending movements in the financial market is considered as Sideways Market. Sooner or later, the low volatility will increase and the price will pick up a trend after Sideways Market. In terms of trading point of view, Sideways Market can serve as the very good entry timing for traders. Sideways Market is also quite often the representation of accumulation of large orders from big investors. Therefore, knowing the
Introduction Auto Chart Alert is a convenient tool to set alert for your trading in your chart. With Auto Chart Alert, you can set the alert line in one click in your desired location in your chart. You can even set alert over the sloped lines in your chart. Auto Chart Alert is a great tool when you have to watch out importnat support and resistance levels for your trading. You can receive the sound alert, email and push notification when the price hit the alert line at you desired location. A
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Introduction Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and
Introduction to EFW Analytics EFW Analytics was designed to accomplish the statement "We trade because there are regularities in the financial market". EFW Analytics is a set of tools designed to maximize your trading performance by capturing the repeating fractal geometry, known as the fifth regularity in the financial market. The functionality of EFW Analytics consists of three parts. Firstly, Equilibrium Fractal Wave Index is an exploratory tool to support your trading logic to choose which r
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
FREE
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabil
Introduction to Harmonic Pattern Scenario Planner The present state of Forex market can go through many different possible price paths to reach its future destination. Future is dynamic. Therefore, planning your trade with possible future scenario is an important step for your success. To meet such a powerful concept, we introduce the Harmonic Pattern Scenario Planner, the first predictive Harmonic Pattern Tool in the world among its kind. Main Features Predicting future patterns for scenari
Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit
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Introduction to GARCH Indicator GARCH is the short initial for Generalized Autoregressive Conditional Heteroskedasticity and it is the volatility prediction model commonly used in financial industry. GARCH model was first appeared in the work by Danish Economist, Tim Peter Bollerslev in 1986. The 2003 Nobel Prize winner, Robert F Engle also added much contribution for the refinement of GARCH model with Tim’s work. Our GARCH INM predictor took the original method of Nelder Mead for GARCH model bu
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Time Box Indicator MT4
Young Ho Seo
4.75 (4)
Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timeframe for daily box Number of days
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Introduction Auto Chart Alert is a convenient tool to set alert for your trading in your chart. With Auto Chart Alert, you can set the alert line in one click in your desired location in your chart. You can even set alert over the sloped lines in your chart. Auto Chart Alert is a great tool when you have to watch out importnat support and resistance levels for your trading. You can receive the sound alert, email and push notification when the price hit the alert line at you desired location. A
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Introduction to Order Risk Management EA ORM EA is specially designed for fast and accurate market order execution to be used with our Price Action and Econometric Trading strategies listed below. ORM EA is fully automatic and ORM EA is also very easy to use. ORM EA is totally free of charge. You can also use this robust order execution feature of this ORM EA for any other your own trading strategy. Trading Strategy Guide Order Risk Management EA provides the guide for the risk management for
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Mean Reversion Supply Demand Indicator Mean Reversion Supply Demand is the indicator to detect the important supply demand zone in your chart. The concept of supply demand trading relies on the quantity mismatching between buying and selling volumes in the financial market. Typically, supply demand zone serves to predict the turning point. The wave pattern, for any supply demand zone to work as an successful trade, looks like the price must touch the base zone, move away and then return to zone
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
This innovative technical indicator was created to detect quiet market period before the beginning of the high volatile market. Like many good technical indicators, this Market Activity Index is very stable and it is widely applicable to many financial and non financial instruments without too much restriction. The Market Activity Index can be used best to visualize the alternating form of low and high volatile market. It is very useful tool to pick up the quiet market but ironically this is the
Introduction to GARCH Indicator GARCH is the short initial for Generalized Autoregressive Conditional Heteroskedasticity and it is the volatility prediction model commonly used in financial industry. GARCH model was first appeared in the work by Danish Economist, Tim Peter Bollerslev in 1986. The 2003 Nobel Prize winner, Robert F Engle also added much contribution for the refinement of GARCH model with Tim’s work. Our GARCH INM predictor took the original method of Nelder Mead for GARCH model bu
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필터:
Yusuf Hamzah
408
Yusuf Hamzah 2023.11.19 07:35 
 

An unique indicator. Just found minor typo with "troug". The reliability is quite convincing. As a caveat, there is a certain range gap for a "peak" or a "trough" to be completed. Overall, the warning (so far) counts.

elite luis
3331
elite luis 2023.03.09 14:13 
 

There are many reversal product in market but this excessive momentum reversal is really very accurate, upon recieve signal just need to wait for 10-20 minutes on lower timeframe m1/m5, it repaint but it works, most indicator out there in the market repaint but that doesn't mean doesn't work as indicator get 50% of job done remaining 50% one need to apply TA and be patience to wait for confluence before entry and exit, am happy with the purchase and bought both mt4+mt5. Thanks author for another quality product 5 stars!

lauro1956
4240
lauro1956 2022.08.24 10:01 
 

This indicator... is priceless. I was always lost in my graphics... it centers you, it places you. It is the first indicator that I had of Young Ho and all of them are very well worked, they have filled me with security. 5 stars well deserved

Vincent Paul Colombe
683
Vincent Paul Colombe 2022.01.13 22:30 
 

Great to assess slowing momentum. One of the many great indicators I bought from the author.

Young Ho Seo
84504
개발자의 답변 Young Ho Seo 2022.03.04 13:52
You got the idea exactly. The momentum will be slowing down after they have consumed all the energy in the market. We are looking for the opportunity like this to favour our entry. It is the Momentum Indicator that measures the momentum directly from the price itself. We do not use any lagging technical indicator in it. Use together with our Volume Spread Pattern Detector (Free) or Volume Spread Pattern Indicator (Paid) for better results.
Justin James Parker
594
Justin James Parker 2021.03.18 07:16 
 

Awesome indicator! Look forward to trying more from you, also curios to tweaking this with the supply and demand for optimal entry. Very cool!

Young Ho Seo
84504
개발자의 답변 Young Ho Seo 2021.03.18 12:08
That is the idea. The definition of Accumulation and Distribution area in the Volume Spread Analysis with Richard Wyckoff has a lot of connection with what is known as supply and demand area in the modern trading.
Mr Luesak Muensri
136
Mr Luesak Muensri 2020.07.13 09:29 
 

Simple but powerful. High Reward/Risk Ratio indicator. If it can detect every timeframe dashboard like X3 Chart Pattern Scanner, It will powerful indicator.

maithai
1872
maithai 2018.07.25 06:02 
 

one of many indicators bought from the author - great work as usual :) using it to confirm DTDB signals

리뷰 답변
버전 12.3 2022.03.04
In version 12.3, we have made some minor improvement on Excessive Momentum Indicator.

Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and breakout opportunity. The great advantage of Excessive momentum is that it is simple and easy to use. It can go well with most of known techncial analysis including trend indicators, oscillators, Fibonacci trading, harmonic pattern trading, volume spread analysis, Elliott Wave pattern, etc.
버전 12.2 2020.12.07
In Version 12.2 of Excessive Momentum Indicator, now you can scan the Excessive Momentum Zone across all timeframe. This a major update for the Excessive Momentum Indicator. The trading concept around the Excessive momentum and Volume Spread Analysis background will be not affected. So you will be trading as you were trading before.
버전 10.7 2020.08.04
In version 10.7, Excessive Momentum indicator provide faster pattern detection algorithm for Excessive Momentum Detection.
버전 10.5 2019.10.04
In version 10.5, we have added input for update frequency for scanning.
To change update frequency for scanning, "Timeframe for Update Scanning" = anything timeframe you want.
Please rememeber that if update is more frequent, then you need more CPU and RAM power.
Bear in mind that. Your MetaTrader can run slowly with too high frequency.
버전 10.3 2019.09.28
In Version 10.3, we have made minor improvement in graphical objects layout. Not too significant change.
버전 10.1 2019.09.27
In version 10.1, we have made the algorithm much simpler. There is no more Phase 1, 2, 3 and 4 in this new version. Now, it will directly detect Excessive momentum without phases. Now it is much easier to trade with the Excessive momentum indicator.
버전 8.3 2018.09.20
In version 8.3, Phase 1 Probe Box, Phase 2, Phase 3 and 4 will be shown in your charts.
버전 7.0 2018.08.24
In Version 7.0, Excessive Momentum indicator will draw triangle automatically. And many powerful features are updated too.
버전 6.6 2018.07.25
In version 6.6, We added a triangle to indicate the strength of excessive momentum. Click over the C line in chart to see them.