The Momentum Pinball Indicator MT4 generates forex trading signals by utilizing a combination of the Relative Strength Index (RSI) and the Rate of Change (ROC), thereby analyzing oversold and overbought conditions as well as momentum. Free download is available. Sounds interesting? Let’s take a closer look at it. Momentum Pinball Indicator: Introduction MT4 Indicator Overview…
Tag: momentum indicators
Rate Of Change Indicator MT4
The Rate Of Change Indicator MT4 is a momentum-based technical tool that traders use in the process of technical analysis. Specifically, it measures the percentage change in price between a specific price level in the past and the current price of a currency pair. The rate of change forex indicator is a useful tool for…
Stochastic Momentum Index (SMI) Indicator MT4
Introduction to the Stochastic Momentum Index Indicator The Stochastic Momentum Index Indicator is a technical analysis gauge that analyzes price momentum. Its calculations are based on the closing price relative to the median range (high-low) of the currency pair price over a specified period. The SMI indicator is considered an improved version of the standard…
Anchored Momentum Forex Indicator MT4 Free Download
Introduction to the Anchored Momentum Indicator The Anchored Momentum Indicator is a forex oscillator providing short and medium-term trend bias and dominating market direction. You should consider that gauge as a good supplier for your strategy, but it rather should not be used as a standalone trading tool. The Anchored Momentum Indicator fits all kinds…
Linear Momentum Forex Indicator MT4 Free Download
Introduction to the Linear Momentum Forex Indicator The Linear Momentum Forex Indicator does exactly what its name suggests, namely it displays market momentum in a linear way. When you load up that forex indicator in your trading platform you will see a red line that makes a spikes from time to time. The higher spike…
Chande’s Momentum Oscillator Indicator
Introduction to the Chande’s Momentum Oscillator Indicator The Chande’s Momentum Oscillator Indicator is a custom forex oscillator that was originally developed by Tushar Chande. As the name suggests, it is a technical indicator that attempts to capture the market’s momentum. As it is with all oscillators, a trader takes advantage of provided overbought/oversold levels. The…
Momentum Divergence Indicator
Introduction to the Momentum Divergence Indicator The Momentum Divergence Indicator is a forex indicator that automatically recognizes divergences between price and momentum indicator. It draws two lines: classic divergence takes place when the lines are solid, while reversed divergence occurs with dotted lines. Additionally, it marks the potential entry points with buy/sell arrows. The Momentum…
QQE Histogram Indicator
Introduction to the QQE Histogram Indicator The QQE Histogram Indicator is another variation of the original QQE indicator, which was only used to show the QQE values. The QQE Histogram indicator, as the name suggests, shows signals in the form of a histogram, demonstrating a clear momentum overview and overbought/oversold levels. The QQE Histogram Indicator…
SRange Contraction Indicator
Introduction to the SRange Contraction Indicator The name of the SRange Contraction indicator calculates the ratio between today’s and the previous day’s ranges and displays these values. When the previous day’s range is tighter than the day before, this could suggest a potential explosive momentum today according to Toby Crabel. An alert pointer (red dot)…
CMO Smoothed Indicator
Introduction to the CMO Smoothed Indicator The CMO Smoothed indicator is based on Chande Momentum Oscillator but it uses smoothed price for its formula calculations. It is an oscillator so the signal line moves between overbought (50) and oversold (-50) levels. Usually, when the price is overbought – you should be looking for sell opportunities.…
