Momentum Momentum is a momentumof the momentum indicators and analyzes the price and identifies areas of weakness and strength at most. Traders do not use this, because the index is not properly understood, but it is of great importance. Professionals use it, which measures the speed and strength of the price movement.
Entering purchase contracts
It is possible to go long on the upside when breaching the mid-100 line up and it is desirable to wait for a test of the level of the indicator
Entering sales contracts
Going short can be entered when the midline 100 is broken below and it is desirable to wait for a test of the level from the indicator
The momentum momentum indicator reveals occasional trends as shown in the picture above
Inclusion on classical analysis will give the index significant strength, effectiveness and filtering opportunities before entering the market.
Usually used within a strategy, not a single one. You can get the indicator from the MT4 platform with default settings 14
