Mometer

Mometer

Rated 4.88 out of 5 based on 16 customer ratings
(16 customer reviews)

$225.00

The Mometer Indicator signals when there is stronger price movement relative to previous bars. This allows the user to objectively determine current momentum conditions. Since strong momentum is almost always followed by exhaustion and a price pullback, accurately establishing momentum increases our edge. The Mometer Indicator has several user-defined parameters, including 4 threshold levels and a look-back period. These parameters allow the trader to determine different visual cues for increasing and decreasing momentum.

Description

The Mometer Indicator signals when there is stronger price movement relative to previous bars. This allows the user to objectively determine current momentum conditions. Since strong momentum is almost always followed by exhaustion and a price pullback, accurately establishing momentum increases our edge. The Mometer Indicator has several user-defined parameters, including 4 threshold levels and a look-back period. These parameters allow the trader to determine different visual cues for increasing and decreasing momentum.

Highlights:

Add to any chart or time frame
Prints on the current bar in real time
Momentum detection and precise measurement of the velocity of these trends
Toggle on/off
Works great with the SpeedTick and FTReset to create a powerful exhaustion trade

16 reviews for Mometer

  1. Rated 5 out of 5

    Christopher Morrill

    I would not trade without this indicator. I use this on multiple time frames and this is clearly one of the most important indicators I have. I do not use this to trigger a trade although I try to always to trade with momentum and never against…

  2. Rated 5 out of 5

    Dave R

    The Mometer is the easiest way I have ever seen to judge the strength of momentum, critical to success when using the IT trading system.

  3. Rated 5 out of 5

    SP

    so easy to use to see momentum.

  4. Rated 5 out of 5

    John A

    5 out of 5

  5. Rated 5 out of 5

    Keith

    The Mometer is a very good indicator. It doesn’t normally get me into a trade, but it is one of the main indicators that I see leading up to a solid trade set up. I would highly recommend this indicator. I believe it could add a good edge to any tradin

  6. Rated 5 out of 5

    bill

    5 stars

  7. Rated 5 out of 5

    Mike C

    I count on this indicator for graphical evidence of exhaustion.

  8. Rated 5 out of 5

    John vn

    Heads up that a setup may be coming down the line

  9. Rated 5 out of 5

    Derek

    I can truly see the exhaustion!

  10. Rated 5 out of 5

    Don S

    Great supporting indicator

  11. Rated 5 out of 5

    mark

    5 stars

  12. Rated 5 out of 5

    William C

    Love the Mometer

  13. Rated 5 out of 5

    Don

    This is the best! Bar none. I use this trading oil with some S/Rs that your work doesn’t recognize (usually). This is a real “cheater” and the indicator that I REALLY pay attention to.

  14. Rated 5 out of 5

    Andy R

    I like this one for a visual alert

  15. Rated 4 out of 5

    Bob R

    Looks good on static charts, but have noticed some back printing after momentum was detected in realtime.

  16. Rated 4 out of 5

    Robert S

    i really like the Mo meter. Its been a great addition and helps a great deal identifying momemtum

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