IC indicator

IC is a Forex indicator that detects a possible beginning of a trend. This oscillator has much in common with standard RSI and Momentum. Breakthrough of the level 50 warns of an upcoming trend change at the current symbol. Most probably, the price will move in the direction of the level breakthrough. The indicator line approaching the level 50 may indicate possible correlation or changing of a trend. The indicator divergence from the price chart indicates that the current trend is weakening.