Angular Momentum Indicator
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 MT4 platform for each new change in angular momentum direction.
- Notification - Set notification to true if you want the notification to be sent to MT4 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.
联系方式
公司:顺水的鱼外汇EA
状态:离线 发送信件 在线交谈
姓名:顺水的鱼(先生)
职位:投机客
电话:18391752892
手机:18391752892
地区:默认地区
地址:西安市高新区软件园
邮件:3313198376@qq.com
QQ:3313198376
微信:18391752892
阿里旺旺:顺水的鱼waterfish
Skype:3313198376@qq.com
状态:离线 发送信件 在线交谈
姓名:顺水的鱼(先生)
职位:投机客
电话:18391752892
手机:18391752892
地区:默认地区
地址:西安市高新区软件园
邮件:3313198376@qq.com
QQ:3313198376
微信:18391752892
阿里旺旺:顺水的鱼waterfish
Skype:3313198376@qq.com