Easy MOM Crossover

The Momentum indicator is a very simple yet useful indicator that compares where the current price is in relation to where the price was in the past. If the current price is higher than the price in the past, then the Momentum indicator is positive. In contrast, when the current price is lower than the price in the past, then the Momentum indicator is negative.

Potential BUY signal is generated when the Momentum indicator crosses above the zero line. This may imply that the price of the instrument has bottomed out and is reversing or by breaking out above recent highs, either way, these events are often interpreted by traders as bullish signals.

Potential SELL signal is generated when the Momentum indicator crosses below the zero line. This may imply that the price of the instrument has topped out and is reversing or that the price has broken below recent lows, either way, these events are often interpreted by traders as bearish signals.

ential SELL signal is generated when the MACD turns down and crosses below the signal line.

Preferences

M15 M30 H1 H4 D1
AUDCAD
AUDCHF
AUDJPY
AUDNZD
AUDSGDSELLSELL
AUDUSD
CADCHF
CADJPYBUY
CADSGD
CHFJPYBUY
EURAUD
EURCADBUY
EURCHF
EURGBP
EURJPY
EURNZD
EURSGDSELL
EURUSD
GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPNZDSELL
GBPSGD
GBPUSD
NZDCAD
NZDCHF
NZDJPY
NZDSGD
NZDUSD
SGDCHF
SGDJPY
USDCADBUYSELL
USDCHFBUY
USDJPYBUY
USDSGDSELL