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Mometer

(29 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

29 reviews for Mometer

  1. Michael W

    5 stars

  2. Mark

    3 stars

  3. Alan R

    5 stars

  4. Matthias

    4 stars

  5. Christopher F

    5 stars

  6. Graham K

    Vital for all trades

  7. Bill M

    I look for it with every trade I take.

  8. Ralph L

    3 stars

  9. John D

    5 stars

  10. Carlton

    One of the cornerstone indicators to get your attention a trade setup maybe about to occur

  11. Alex B

    5 stars

  12. Eric I

    4 stars

  13. Chris M

    Love this indicator

  14. Robert S

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

  15. Bob R

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

  16. Andy R

    I like this one for a visual alert

  17. 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.

  18. William C

    Love the Mometer

  19. mark

    5 stars

  20. Don S

    Great supporting indicator

  21. Derek

    I can truly see the exhaustion!

  22. John vn

    Heads up that a setup may be coming down the line

  23. Mike C

    I count on this indicator for graphical evidence of exhaustion.

  24. bill

    5 stars

  25. 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

  26. John A

    5 out of 5

  27. SP

    so easy to use to see momentum.

  28. 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.

  29. 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…

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