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SerpentForexClub
Oct 31, 2022 3:29 PM

SFC Momentum Indicator 

GoldOANDA

Description

This indicator combine other indicators as RSI,MACD, Bollinger Bands, Moving averages, ADX and many more in order to define the current momentum of the price.

This indicator will help traders to define where price is overbought/ oversold or lack of momentum.

The traders also can see the short term, middle term and long term trend and also the steepness of the trends.

The indicator provide buy/sell suggestions and suitable Stop Loss.

How to use

Red colour: Bearish momentum
Dark red colour: Very bearish momentum / Oversold

Green colour : Bullish momentum
Dark green colour: Very bullish momentum/ Overbold

Yellow or Gray colour: sideways, no momentum

Use the indicator suggestions and combine them with the oder provided information from the indicator

Release Notes

minor bug fixes
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