Indicator 3_iAnchMom

We present to your attention the T3_iAnchMom indicator which task is to give a good point of entry by means of a signal divergence. It is placed in the section Indicators - Divergence

at chart it looks as following:

Settings of the indicator:

EMA period – the period of exponential moving average.

MomPeriod – the period, the standard Momentum'a parameter

CountsBars - the parameter setting quantity of the candles considered in case of calculation 

It is possible to trade on this indicator like that:

1. To buy if the line of the indicator crosses the zero line from below up and to sell in case of the return signal, as shown at the pic below:

2. To enter the market after receipt of a signal of divergence.

For filtering entrances together with the T3_iAnchMom indicator, it is possible to use the trend indicator. We wish you high profit.

This indicator can be discussed at forum