Momentums FX is a trend universal indicator that analyzes the market price direction in an impulse format.
It has 2 lines, a trend line showing the direction of the price in a long period of time and impulse lines working in a short period of time
period of time.
Blue line - defines a smoothed trend.
Red and green lines - determine the entry points for trades, work in 2 modes, the impulse period is determined automatically or manually.
Red line for Sell positions, green for Buy.
You can go along the blue line and against it, but with a close stop loss.
The beginning of the impulse line is determined by the arrow; if the arrow is without a line, the signal is short for only one candle.
The arrow appears at the close of the candle.
Works on all time frames (M5 or Higher recommended)
Adapts to any financial instrument.
Input parameters
- Trend Line Period - Period of the blue trend line.
- Automatic adjustment to the time frame - Optimal automatic adjustment of the impulse line period.
- Impulse line period - Determine the impulse line period manually (if the top parameter is turned off)
- Bars Count - Number of indicator bars on the chart.
- Play sound / Display pop-up message / Send push notification / Send email - Using notifications when signal points appear.
- Sound file signal - Sound file for the signal arrow.
