Trend Momentum – Levels (Expo) – Indicator
Do you want to see how the indicator works in real time? Click at the link below!
The indicator plots turning points in the market, both pullbacks in trends and trend changes, this is seen when the average becomes orange. The indicator comes with 2 levels, short term and long term levels which is plotted at the turnings points.
The indicator is flexible and settings can be customized to fit your trading style.
Click at the link below to get redirected to the chart at TradingView. The chart displays German 30- in 30 min timeframe. The indicator setting: Only Long term level is displayed.
*It takes approximately 10-30 seconds to load the chart. The chart should be viewed preferably at computer.
The indicator works on any timeframe.
*The chart above display DAX in 5 min chart.
The indicator works on any Stock.
*The chart above display Twitter in Daily chart.
Indices / Currencies / Crypto
The indicator works on any indices / currencies and on cryptocurrencies.
*The chart above display EURUSD in 1 hour chart.
This indicator is one of the most powerful trend momentum indicators out there in my opinion because it spots pullbacks in trends and trend shifts with high accuracy, this is seen when the average becomes orange. Levels can be switched on both long term and short terms, these levels are plotted at pullbacks and at trend shifts.
Do you like the indicator? – Click at the link below to get access
Disclaimer: Link to Disclaimer
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
Copyright by Zeiierman 2020