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.
- 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
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…
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.
so easy to use to see momentum.
John A –
5 out of 5
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
Mike C –
I count on this indicator for graphical evidence of exhaustion.
John vn –
Heads up that a setup may be coming down the line
I can truly see the exhaustion!
Don S –
Great supporting indicator
William C –
Love the Mometer
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.
Andy R –
I like this one for a visual alert
Bob R –
Looks good on static charts, but have noticed some back printing after momentum was detected in realtime.
Robert S –
i really like the Mo meter. Its been a great addition and helps a great deal identifying momemtum
Chris M –
Love this indicator
Eric I –
Alex B –
One of the cornerstone indicators to get your attention a trade setup maybe about to occur
John D –
Ralph L –
Bill M –
I look for it with every trade I take.
Graham K –
Vital for all trades
Christopher F –
Alan R –
Michael W –