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Momentum Pro

$296

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Product Description

Multi-Osc OB/OS Overlap: A smart combination of 3 time-tested oscillators: RSI, MFI, and Stochastic.

Explore the deal (with gift)...

With momentum trading, a trader needs to locate an entry opportunity in a short-term trend and exit when the trend is likely to lose its momentum. After taking the profit, the trader seeks the next short-term trend to repeat the process. This is a trading strategy that requires strict discipline for entries & exits (as well as money management).

Our Momentum Pro indicator supports momentum traders by recognizing potential trend starts & ends based on momentum analysis. We added an upper bound and a lower bound above & below the momentum plot to help identify meaningful changes in momentum, and therefore potential trends. Here is the logic, very simple:

  • When the lower bound crosses above zero, an uptrend starts. The uptrend will remain until the momentum plot falls below zero.
  • When the upper bound crosses below zero, a downtrend starts. The downtrend will remain until the momentum plot rises above zero.
Key features:
  • Plot momentum, upper bounder, lower bound
  • Allow smoothing momentum (with
    )
  • Allow choosing the offset type: StdDev, ninZaATR, Tick
  • Allow configuring the offset multiplier to decide how far the bounds are from momentum plot
  • Paint bars to show 3 phases: uptrend, downtrend, neutral
  • Paint background to show 3 phases: uptrend, downtrend, neutral
  • Colorize momentum plot to show 3 phases: uptrend, downtrend, neutral
  • Print markers on trend start
  • Trigger alerts on trend start
  • Be NinjaScript ready for advanced usage, only restricted by your imagination
  • Expose dedicated NinjaScript signals
Dedicated NinjaScript signals:
  • Signal_Trend: 1 = uptrend, -1 = downtrend, 0 = neutral

Software Changelog

  • 12 Jun 2022 - The indicator was released (build new).

Product Media

These media materials may have been recorded/captured in favorable markets. Please review our acceptable marketing practices.

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From very happy customers... 500+ reviews →
  1. product_image Momentum Pro $$
    5 5

    Be$T Alligator

    Be$t Alligator is an excellent trading system! I finally found something that works by helping take the emotion out of trading. I love it and am very happy with my purchase.

  2. product_image Momentum Pro $$
    5 5

    EOB Ordering is really good

    I really enjoy EOB Ordering for scalping. Only my third day using the product. I already have a good setting for my volume profile. I'm an experienced trader. Been trading since 2012.

  3. product_image Momentum Pro $$
    5 5

    Helpful: Superior Bollinger, Superior Volume, Volume Del

    Your indicators are so helpful. I just started using your Superior Bollinger bands and it is really great. I also recently added Superior Volume and Volume Delta to my charts and they are also very helpful. Great work with your indicators!

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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