What is this indicator all about?
Everybody heard about the . The classic momentum shows the difference between the current price and the price N periods ago. How far in the past the comparison is made is up to the trader.
This is a typical price action indicator plotting the key on the timeframe traded (specifically designed for day trading where time frame can be lesser than 30 Min.
What it can do?
1. Early signs of reversal
2. helps you to decide when to enter and exit.
3. of script
4. Day Range.
What calculations consist of?
2. Price stop and move points.