Angular Momentum Indicator
Nepererisovyvayuschiysya indicator, based on the total angular momentum of price levels from M1 to H1.
It is sensitive to changes in the angular momentum on the lower periods.
- Yellow line - on an uptrend market
- Red line - on the downtrend market
- Blue line - the angular momentum
- Crosses - impulses arising during the existence of the trend on the market. (You can enable / disable sending notifications.)
This indicator can be used on any timeframe from M1 to H1 without the need to configure any period moving averages.
Instructions for use
Long Trades:
- When the yellow line, wait until the blue line reaches the minimum point. Trade only when it begins to move upward.
- When the color of the yellow line turns red, you need to try to close those deals, which are open in the direction opposite to the movement of the probable market.
Short Trades:
- When the red line, wait until the blue line reaches the maximum point. Trade only when it begins to move upward.
- When the color of the red line changes to yellow, you need to try to close those deals, which are open in the direction opposite to the movement of the probable market.
Requirements: Please make sure that you have the ZigZag indicator, as this indicator is based on it.
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