Non-Repainting Indicator that is based on combined angular momentum of price levels using configured period as main reference.

It is sensitive to the change of angular momentum on lower periods.

• Yellow Line – Market is trending up
• Red Line – Market is trending down
• Blue Line – Angular Momentum

You can use this indicator on any time frame without the need to configure any moving average period.

Indicator parameters

• alert - Set alert to true if you want to be notified by MT4 platform for each new change in angular momentum direction.
• Notification - Set notification to true if you want the notification to be sent to MT4 mobile app.
• Period - Set the period in consideration for the general direction of the trend.

How to use

Long Trades:

• When you see a Yellow Line, wait for the blue line to go to the lowest point and trade only when it is moving back up.
• When you see the Yellow Line is changed to Red Line, you should attempt to close your trades that are on the wrong direction of the market soon.

Short Trades:

• When you see a Red Line, wait for the blue line to go to the highest point and trade only when it is moving back down.
• When you see the Red Line is changed to Yellow Line, you should attempt to close your trades that are on the wrong direction of the market soon.

Recommendation:

• Place 2 angular momentum indicators with H1 and H4 on your chart to trade existing trends.

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