Momentum Pro

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Momentum Pro

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).

Best Seller

Top Seller
SKU
Momentum Pro
-30%
Regular Price $196 Special Price $137

Confident shopping

license(s)

tooltip-discount-rules

Quantity Discount

  • 1 license:
  • 2 licenses:
  • 3 licenses:
  • 4 licenses:
  • 5 licenses:
  • 6-9 licenses:
  • 10-14 licenses:
  • 15-19 licenses:
  • 20-24 licenses:
  • 25-29 licenses:
  • 30- licenses:
  • 0% off
  • 20% off
  • 25% off
  • 30% off
  • 35% off
  • 40% off
  • 50% off
  • 55% off
  • 60% off
  • 65% off
  • 70% off

Upon purchasing this product, you will earn up to in your ZR Wallet

Resellable with Master Resell Rights new tab

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What traders say about us?

500+ reviews with 5 starsview all →

  1. product_image Momentum Pro $$
    5 5

    Great Technical Support

    Not only does Larry Pi create great indicators, but he stands by them and offers great support as well. We did a remote access connection to look into my issue, the same day that I emailed him about it. And during the remote access chat, he showed me what I needed to do to resolve the issue. Good support is so important in this fast paced sometimes overwhelming day and age. Thanks Pi.

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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