Momentum is a key conceptthat has proven valuable for determining the likelihood of a profitable trade. Measurements of momentum can be used in the short and long term, making them useful in all types of trading strategies. Several technical trading tools are available to reveal the strength of trends and whether a trade on a particular asset may be a good bet. Momentum Signal Provider shows the buy and sells signals using the momentum of price over time and how strong those movements are regardless of the direction the price moves, up or down. It is specifically useful as they help traders and analysts spot points where the market can and will reverse.
Momentum traders bet that an asset price that is moving strongly in a given direction will continue to move in that directionuntil the trend loses strength and this is what our momentum signal provider indicator provides help to retail traders. With the help of the momentum formula, this indicator generates potential buy and sell signals which work best during the high volatile market period this is because momentum is stronger during the high volatile market period regardless of the direction the price moves, up or down. Momentum is involved along with average true range (ATR) and trend following method within the formula of our indicator and that’s how it deicide if the market has high momentum or not after that it does focus on the potential spots where the buy and sell signals condition matches.
Simple and easy to use
Available on tradingview.com
The accuracy of signals can be managed in setting
Instead of waisting time analysing the chart it does all the work for you.
All currency pair
Free E-book guideline
More than 80% winning rate
Non repaint indicat
How it works on Tradingview?
MSP Performance on Live Chart:
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