My goal creating this indicator : Provide a way to see the Past and Current Momentum of multiple different timeframes without using multiple charts. The Underlying Concept / What is Momentum? The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend its Bearish...
(My goal creating this indicator) : Provide a quick way to check the current momentum of multiple timeframes. The Smart Momentum Chart was intended to be a live trading tool that should be used when a trader has already defined his edge and no longer needs the past Momentum data. The Underlying Concept What is Momentum ? The Momentum shown is derived from a...
(My goal creating this indicator) : Provide a way to enter the market systematically, automatically create Stop Loss Levels and Take Profit Levels, and provide the position size of each entry based on a fix Percentage of the traders account. The Underlying Concept : What is Momentum? The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When...
Identifying the power of buyers and sellers Price trend detection Suitable filter for trades ... Be sure to write your opinion! :) شناسایی قدرت خریداران و فروشندگان تشخیص روند قیمت فیلتر مناسب برای معاملات ... نظر خود را حتما بنویسید! :)
Stacked Daily & Weekly EMAs + Labels Pretty much self-explanatory indicator that shows the current momentum based on the key exponential moving averages. Three stages of the EMAs: 1. Stacked Positively (Bullish) - EMAs are stacked on top of each other which represents a healthy bullish uptrend (green Label). 2. Stacked Negatively (Bearish) - EMAs are stacked...
Introducing the Delta-RSI Oscillator. This oscillator is a time derivative of the RSI, plotted as a histogram and serving as a momentum indicator. The derivative is calculated explicitly by means of local polynomial regression. It is designed to provide minimum false and premature buy/sell signals compared to many traditional momentum indicators such as...