• 概述
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  • 新特性

Angular Momentum

Non-Repainting Indicator that is based on combined angular momentum of price levels using configured period as main reference.

It is sensitive to the change of angular momentum on lower periods.

  • Yellow Line – Market is trending up
  • Red Line – Market is trending down
  • Blue Line – Angular Momentum

You can use this indicator on any time frame without the need to configure any moving average period.


Indicator parameters

  • Alert - Set alert to true if you want to be notified by MT5 platform for each new change in angular momentum direction.
  • Notification - Set notification to true if you want the notification to be sent to MT5 mobile app.
  • Period - Set the period in consideration for the general direction of the trend.

How to use

Long Trades:

  • When you see a Yellow Line, wait for the blue line to go to the lowest point and trade only when it is moving back up.
  • When you see the Yellow Line is changed to Red Line, you should attempt to close your trades that are on the wrong direction of the market soon.

Short Trades:

  • When you see a Red Line, wait for the blue line to go to the highest point and trade only when it is moving back down.
  • When you see the Red Line is changed to Yellow Line, you should attempt to close your trades that are on the wrong direction of the market soon.

Recommendation:

  • Place 2 angular momentum indicators with H1 and H4 on your chart to trade existing trends.

Global variable written

  • [AM][Symbol][Period] - It is the general direction of the trend (1 is bullish trend, -1 is bearish trend).
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版本 1.6 2019.02.19
Spikes and Trend Quality features are removed, as they will no longer be supported.
版本 1.5 2019.01.22
Now the "Trend Quality" label is easier to be located and selectable for repositioning.
版本 1.4 2019.01.22
Making finding the "Trend Quality" label easier when setting Label Auto-Repositioning to false.
版本 1.3 2019.01.22
A new setting, Label Auto-Repositioning, can be set to false so that the trend quality label can be moved manually to any position.
版本 1.2 2019.01.17
There is now a new better looking logo.
Data Window: "Up" and "Down" are renamed to "Up Line" and "Down Line".
Data Window: "Up Signal" and "Down Signal" are renamed to "Up Spike" and "Down Spike".
Alert Message is now "Angular Momentum (<Period>) - Long/Short <Symbol>", instead of "<Symbol> (<Period>): Buy/Sell"
Included a new feature, "trend quality" shown at first bar. It indicates the number of consecutive price spikes of same colour within the look-back period and can be found between the angular momentum line and zero level.
版本 1.1 2018.01.08
1) Bug fix for "lag of 1 bar".
2) New global variable added [AM][Symbol][Period].
a) 1: Positive trend for the indicated period
b) -1: Negative trend for the indicated period