You need to enable JavaScript in order to visit our site!
 
Logo PTMC
NAVIGATION
CANCEL
 
or via PTMC account
Restore password
or via PTMC account
Logo PTMC
NAVIGATION
or via PTMC account
Restore password
or via PTMC account
or via PTMC account
Restore password
or via PTMC account

Trend Line Momentum indicator

Fast Trend Line Momentum - this figure is similar to the standard Momentum oscillator that determines the trade trend, but uses a smoothed trend line instead of usual closing price to calculate. Thus, the curve of the indicator has a sleek look and is suits better for predicting price movements.

PTMC Trend Line Momentum

Lines:

Blue histogram - Slow Trend Line Momentum

Orange line – Fast Trend Line Momentum

Like any other indicator, Momentum requires prior study and practice for optimal results. In addition, its simplicity has a downside - receipt of indicator's information is not enough to build a complete picture of price movements. Therefore, the analysis of experienced traders always combines a number of different indicators and additions to them.

Files
Discussion
Join PTMC community to post your comments
No comments yet. Be the first.
PTMC is a professional trading platform that combines all the best charting and analytical tools to trade on different financial markets. It is developed by PFSOFT UK LTD, a global provider of trading technology for banks & brokers
© 2017. PTMC is based on Protrader technology
PFSOFT UK LTD
71-75, Shelton Street,
Covent Garden,
London, WC2H9SQ,
United Kingdom
Support & Development
PFSOFT Ukraine
Office #701
Mechnikova Street, 10B
49000, Dnipro, Ukraine
Contact us
Phone: +380 56 740 30 01
E-mail: info@protrader.org
Skype: PTMC_support
Find more ways to contact
Join us in social networks