The trading signals (buy / sell) generated are based on the slope of a Momentum oscillator
The stock Momentum indicator used to determine the strength of a trend and measure the evolution over the speed to a preset period.
Using multiple time frame to identify the general trend of short-term market and the long term and help to anticipate the entry points and exit the trade with a global vision of the market.
If the signals correspond to the different time frame, the trading signal is stronger and more reliable.
Time Frame
M1 - 1 Minute
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 hours
D1 - Daily
W1 - Weekly
MN1 - Monthly
An alert system per message, sound or email can be configured option
included
4 time frame classical momentum.mq4
Broker Online - Broker Stock Exchange : Trading platform Metatrader MT4
Interpretation Rules - signals from Trading
* buy signal : bull market trend
. 4 square time frame Classical Momentum positive blue: Momentum line is greater at level 100 in zone
Purchase - Trend bullish on the corresponding time frame . All squares are positive - Strong uptrend
* Selling signal: bear market trend
. Square 4 time frame Classical Momentum negative red: Momentum line is lower at 100, on sale area - Trend bearish on the corresponding time frame
. All squares are negative - Strong bearish trend
Read more about the rules and trading signals:
Download