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Excessive Momentum Indicator MT4

4.83

Introduction

Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and breakout opportunity. The great advantage of Excessive momentum is that it is simple and easy to use. It can go well with most of known techncial analysis including trend indicators, oscillators, Fibonacci trading, harmonic pattern trading, volume spread analysis, Elliott Wave pattern, etc.


Input Settings

A. Indicator settings

  • Bars To Scan: amount of candle bars to calculate the indicator
  • Momentum Strength Factor: Momentum Strength is the strength of Excessive Momentum to detect. It stays between 0.1 and 0.5. In theory it can go up to 1.0. But you will not get many signals to trade. The default setting is 0.1. You can try various Momenum Strength Factor to optimize your trading performance if you wish.
  • Equilibrium Fractal Wave Scale:  This input controls the size of Fractal Wave when we detect the excessive momentum. If you put bigger number, then you get less signals to trade. The default setting is 0.5.
    •    

B. Graphic settings

  • Use White Chart: to use white chart, set to true, otherwise, just set to false
  • Excessive Momentum High Color: Excessive Momentum line color when peak (high) is detected
  • Excessive Momentum Low Color: Excessive Momentum line color when trough (low) is detected
  • Auto Fibo Color: Color of  Automatic Fibnacci Retracment in your chart


How to use

In the indicator, we provide the automatic Fibonacci retracement to gauge the potential reversal opportunity. Hence, you can readily combine the classic Fibonacci trading setup with our Excessive momentum indicator. Do remember that excessive momentum line is the important support and resistance for your trading. Even though you have measured the Fibonacci ratio correctly for the potential reversal opportunity, the price must cross the excessive momentum line for confirmation. Sometimes, price can bounce off from the excessive momentum line. In this case, we get another reversal trading opportunity from excessive momentum line. Just treat the excessive momentum line as sensible support and resistance for your trading.


Some additional tools to help your trading

With excessive momentum indicator, oscillators like RSI and CCI can be used as secondary confirmation tools. This is the basic requirement for your trading.


With Harmonic Pattern and Elliott Wave pattern

If you want to use Excessive momentum indicator together with Harmonic pattern or Elliott Wave pattern, just replace the Fibonacci retracement with your harmonic pattern or Elliott wave pattern measurement (you will need to use external software for this). Alternatively, you can use Fibonacci retracement together with Harmonic pattern and Elliott wave pattern if you wish.


Trading Strategy Guide 

If you want to use Excessive momentum indicator, we also provide the volume spread anlaysis tool kit to assit further with your momentum trading. The volume spread analysis tool kit is available for both free and paid version. You can find the details about them from the link below:

Strategy Guide 1: https://www.mql5.com/en/blogs/post/750346

Strategy Guide 2: https://www.mql5.com/en/blogs/post/750390


Important Note

This is the off the shelf product. Therefore, we do not accept any modification or customization request on this product. In addition, we do not provide any code library or any support for your coding for this product.


Recensioni 7
elite luis
3351
elite luis 2023.03.09 14:13 
 

There are many reversal product in market but this excessive momentum reversal is really very accurate, upon recieve signal just need to wait for 10-20 minutes on lower timeframe m1/m5, it repaint but it works, most indicator out there in the market repaint but that doesn't mean doesn't work as indicator get 50% of job done remaining 50% one need to apply TA and be patience to wait for confluence before entry and exit, am happy with the purchase and bought both mt4+mt5. Thanks author for another quality product 5 stars!

lauro1956
5267
lauro1956 2022.08.24 10:01 
 

This indicator... is priceless. I was always lost in my graphics... it centers you, it places you. It is the first indicator that I had of Young Ho and all of them are very well worked, they have filled me with security. 5 stars well deserved

Vincent Paul Colombe
683
Vincent Paul Colombe 2022.01.13 22:30 
 

Great to assess slowing momentum. One of the many great indicators I bought from the author.

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This indicator is based on the Gann Signal indicator and acts as a market scanner. All you need to do is fill in the selected currency pairs in the settings and that’s it. Next, the indicator itself will view all these currency pairs and time frames from M5 to D1 simultaneously. When a new signal appears, the indicator will give you an Alert and also draw the letter N where this new signal will be.
SMCpro VIP
Arief
5 (2)
Indicatori
END OF SEASION 2024 , New Deals, Enjoy Reduced Prices on All Products! ️  BONUS AUX VIP Club 2024 : Include EA Airbag and Load Data History to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only )   Hello World! Introducing.. SMCpro VIP tool and Indicator for MetaTrader 4, designed to revolutionize your trading experience with the ICT Smart Money Concept. This system is meticulously crafted to empower traders with advanced
Ultimate Index Advisor
Nicola Capatti
5 (1)
Indicatori
Ultimate Index Advisor è uno strumento avanzato progettato per analizzare i movimenti del mercato con precisione e identificare opportunità di trading in modo dinamico. L'indicatore offre segnali basati su una combinazione di logiche ottimizzate per trend, correzioni e inversioni, rendendolo versatile per vari stili di trading. Con un'interfaccia intuitiva, Ultimate Index Advisor evidenzia punti d'entrata e d'uscita chiari grazie a frecce visibili sul grafico, eliminando l'ambiguità dalle deci
Connect Indicator
Sukunthakan Ngernbamrung
Indicatori
Connect Indicator is a tool used for connecting indicators between the MQL market and MT4. The connected indicators are made by our group and can be used for other applications, such as sending messages to the Line application or Telegram application. If you have any questions, please don't hesitate to ask us to receive support. Function and indicator buffer Buffer one is the high price of the previous candle. Buffer two is the high price of the previous candle. Usage To connect indicators to fu
RealValueIndicator EURUSD
KERT RAEBOVOITRA
Indicatori
Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
Forecast System
Peter Maggen
Indicatori
Questa è una strategia semplice basata sui livelli BREAKOUT e FIBONACCI. Dopo uno scoppio, in ogni caso, il mercato continua il movimento direttamente ai livelli 161, 261 e 423 oppure, ritorna al livello del 50% (chiamato anche correzione) e successivamente molto probabilmente continua il movimento nella direzione iniziale verso i livelli 161, 261 e 423. La chiave del sistema è il rilevamento della breakout bar indicata con un oggetto rettangolare verde (UP TREND) o rosso (DOWN TREND).
Oni Scalper
Goh Cheng Wai
5 (2)
Indicatori
Dear Onis, This Indicator is used for   GBPUSD, US30 and GOLD on 1-Min Chart . For US30 , Depending on your broker, Minimum Lot Size will differ from 0.01 to 1.0 lots. My Current Account is trading at 1.0 lots at $1 per point . Please check with your Broker what's the Margin Required for your Minimum lot sizes before you trade on your Real account. I have Forward Tested the indicator for around 6 months before releasing it to the public. ( No Demo is available for the Indicator, Strategy
Entry Arrow Alerts
Alfred Todd
Indicatori
Entry Arrow Alerts: Finds market entry opportunities then notifies you via mobile or desktop alerts The key features include: Conservative mode . One entry signal per direction. Ideal for the patient trader looking to capture longer term moves. Aggressive mode . Multiple possible entry signals per direction. Ideal for the active trader looking to capture multiple moves within the same trend. Trigger Line . Price entry line helps cut down on false signals. Display Window . Allows you to instantly
Brilliant Oscillator BOS
Elias Mtwenge
Indicatori
Dear traders I am happy to introduce to you my new tool called "Brilliant Oscillator" Indicator. This is one of the indicators that can be used as a stand alone indicator. WHAT I LIKE ABOUT THIS TOOL IS Fast and reliable signals Purpose The purpose of this tool is to assist both newbie and Advanced traders to analyze the market with high level of accuracy in both bearish and bullish market trends. The inputs In the input section you will be able to change colors of the indicator only. Currency p
Transaction Speed
Ivan Stefanov
Indicatori
Il TRANSACTION SPEED è l'indicatore di maggiore qualità che mostra dove e quando si accumulano grandi ordini sul mercato e i vantaggi che ne derivano. Rileva i cambiamenti di tendenza in una fase molto precoce. È contemporaneamente un indicatore e un sistema di trading. Il concetto è unico e incredibilmente redditizio. Nel Forex, il volume dei tick è chiamato in modo piuttosto fuorviante volume. In realtà si tratta della variazione di prezzo per unità di tempo, che di fatto è la VELOCITÀ DI T
FXinstitute
Lin Yu Han
Indicatori
Precautions for subscribing to indicator This indicator only supports the computer version of MT4 Does not support MT5, mobile phones, tablets The indicator only shows the day's entry arrow The previous history arrow will not be displayed (Live broadcast is for demonstration) The indicator is a trading aid Is not a EA automatic trading No copy trading function The indicator only indicates the entry position No exit (target profit)  The entry stop loss point is set at 30-50 PIPS Or the front
Altri dall’autore
Elliott Wave Trend MT5
Young Ho Seo
4 (3)
Indicatori
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
Pair Trading Station MT4
Young Ho Seo
3.67 (3)
Indicatori
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Peak Trough Analysis Tool MT5
Young Ho Seo
4.89 (9)
Indicatori
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
FREE
X3 Chart Pattern Scanner MT5
Young Ho Seo
5 (4)
Indicatori
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
Volume Spread Pattern Detector MT5
Young Ho Seo
4.45 (11)
Indicatori
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
X3 Chart Pattern Scanner MT4
Young Ho Seo
3.67 (3)
Indicatori
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
Pair Trading Station MT5
Young Ho Seo
4 (1)
Indicatori
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Time Box Indicator MT5
Young Ho Seo
4.67 (3)
Indicatori
Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timeframe for daily box Number of days
FREE
Fractal Moving Average Indicator MT5
Young Ho Seo
5 (4)
Indicatori
Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit ou
FREE
Harmonic Pattern Plus MT5
Young Ho Seo
4.5 (4)
Indicatori
Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
Volume Spread Pattern Detector MT4
Young Ho Seo
5 (3)
Indicatori
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Fractal Pattern Scanner MT4
Young Ho Seo
5 (2)
Indicatori
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
Auto Chart Alert MT5
Young Ho Seo
3.83 (6)
Utilità
Introduction Auto Chart Alert is a convenient tool to set alert for your trading in your chart. With Auto Chart Alert, you can set the alert line in one click in your desired location in your chart. You can even set alert over the sloped lines in your chart. Auto Chart Alert is a great tool when you have to watch out importnat support and resistance levels for your trading. You can receive the sound alert, email and push notification when the price hit the alert line at you desired location. A
FREE
EFW Pattern Trader MT4
Young Ho Seo
4.5 (2)
Indicatori
EFW Pattern Trader is a powerful pattern scanner for Forex and Stock trading. The pattern detection in EFW Pattern Trader uses the Fractal Wave Theory, which captures the endless up and down movement of the market. Therefore, EFW Pattern Trader can be considered as the robust price action indicator. Any patterns in EFW Pattern Trader can be backtested visually in your strategy tester. Visual backtesting with pattern will show you how pattern will likely behave in the live trading. Therefore, you
Peak Trough Analysis Tool MT4
Young Ho Seo
4.33 (9)
Indicatori
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
FREE
Harmonic Pattern Scenario Planner MT5
Young Ho Seo
5 (6)
Indicatori
Introduction to Harmonic Pattern Scenario Planner The present state of Forex market can go through many different possible price paths to reach its future destination. Future is dynamic. Therefore, planning your trade with possible future scenario is an important step for your success. To meet such a powerful concept, we introduce the Harmonic Pattern Scenario Planner, the first predictive Harmonic Pattern Tool in the world among its kind. Main Features Predicting future patterns for scenari
Time Box Indicator MT4
Young Ho Seo
4.83 (6)
Indicatori
Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timeframe for daily box Number of days
FREE
Volume Spread Pattern Indicator MT4
Young Ho Seo
5 (1)
Indicatori
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
Fractal Moving Average Indicator MT4
Young Ho Seo
5 (1)
Indicatori
Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit
FREE
Order Risk Management EA MT5
Young Ho Seo
2 (2)
Utilità
Introduction to Order Risk Management EA ORM EA is specially designed for fast and accurate market order execution to be used with our Price Action and Econometric Trading strategies listed below. ORM EA is fully automatic and ORM EA is also very easy to use. ORM EA is totally free of charge. You can also use this robust order execution feature of this ORM EA for any other your own trading strategy. Trading Strategy Guide Order Risk Management EA provides the guide for the risk management for
FREE
Precision Support Resistance MT5
Young Ho Seo
Indicatori
Introduction to Support Resistance Indicator Support and Resistance are the important price levels to watch out during intraday market. These price levels are often tested before development of new trend or often stop the existing trend causing trend reversal at this point. Highly precise support and resistance are indispensable for experienced traders. Many typical trading strategies like breakout or trend reversal can be played well around these support and resistance levels. The Precision Sup
GARCH Improved Nelder Mead MT5
Young Ho Seo
3 (1)
Indicatori
Introduction to GARCH Indicator GARCH is the short initial for Generalized Autoregressive Conditional Heteroskedasticity and it is the volatility prediction model commonly used in financial industry. GARCH model was first appeared in the work by Danish Economist, Tim Peter Bollerslev in 1986. The 2003 Nobel Prize winner, Robert F Engle also added much contribution for the refinement of GARCH model with Tim’s work. Our GARCH INM predictor took the original method of Nelder Mead for GARCH model bu
FREE
Fractal Pattern Scanner MT5
Young Ho Seo
5 (1)
Indicatori
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabil
GARCH Improved Nelder Mead MT4
Young Ho Seo
4 (2)
Indicatori
Introduction to GARCH Indicator GARCH is the short initial for Generalized Autoregressive Conditional Heteroskedasticity and it is the volatility prediction model commonly used in financial industry. GARCH model was first appeared in the work by Danish Economist, Tim Peter Bollerslev in 1986. The 2003 Nobel Prize winner, Robert F Engle also added much contribution for the refinement of GARCH model with Tim’s work. Our GARCH INM predictor took the original method of Nelder Mead for GARCH model bu
FREE
Sideways Market Statistical Analyzer MT5
Young Ho Seo
5 (1)
Indicatori
Introduction to Sideways Market Analyzer Notable period of Low volatility and non-trending movements in the financial market is considered as Sideways Market. Sooner or later, the low volatility will increase and the price will pick up a trend after Sideways Market. In terms of trading point of view, Sideways Market can serve as the very good entry timing for traders. Sideways Market is also quite often the representation of accumulation of large orders from big investors. Therefore, knowing the
Ace Supply Demand Zone MT5
Young Ho Seo
5 (3)
Indicatori
Ace Supply Demand Zone Indicator The concept of supply demand relies on the quantity mismatching between buying and selling volumes in the financial market. Supply and demand zone can provide the good entry and exit. A zone is easier to trade than a line. The supply demand zone can provide the detailed trading plan and the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Ace Supply Demand Zone indicator was
Turning Point Detector MT5
Young Ho Seo
Indicatori
Introduction To Turning Point Indicator The trajectories of Financial Market movement are very much like the polynomial curvatures with the presence of random fluctuations. It is quite common to read that scientist can decompose the financial data into many different cyclic components. If or any if the financial market possess at least one cycle, then the turning point must be present for that financial market data. With this assumption, most of financial market data should possesses the multipl
Excessive Momentum Indicator MT5
Young Ho Seo
5 (3)
Indicatori
Introduction Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and
Price Breakout Pattern Scanner MT4
Young Ho Seo
3.55 (11)
Indicatori
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
Order Risk Management EA MT4
Young Ho Seo
3.75 (4)
Utilità
Introduction to Order Risk Management EA ORM EA is specially designed for fast and accurate market order execution to be used with our Price Action and Econometric Trading strategies listed below. ORM EA is fully automatic and ORM EA is also very easy to use. ORM EA is totally free of charge. You can also use this robust order execution feature of this ORM EA for any other your own trading strategy. Trading Strategy Guide Order Risk Management EA provides the guide for the risk management for
FREE
Filtro:
Yusuf Hamzah
677
Yusuf Hamzah 2023.11.19 07:35 
 

An unique indicator. Just found minor typo with "troug". The reliability is quite convincing. As a caveat, there is a certain range gap for a "peak" or a "trough" to be completed. Overall, the warning (so far) counts.

elite luis
3351
elite luis 2023.03.09 14:13 
 

There are many reversal product in market but this excessive momentum reversal is really very accurate, upon recieve signal just need to wait for 10-20 minutes on lower timeframe m1/m5, it repaint but it works, most indicator out there in the market repaint but that doesn't mean doesn't work as indicator get 50% of job done remaining 50% one need to apply TA and be patience to wait for confluence before entry and exit, am happy with the purchase and bought both mt4+mt5. Thanks author for another quality product 5 stars!

lauro1956
5267
lauro1956 2022.08.24 10:01 
 

This indicator... is priceless. I was always lost in my graphics... it centers you, it places you. It is the first indicator that I had of Young Ho and all of them are very well worked, they have filled me with security. 5 stars well deserved

Vincent Paul Colombe
683
Vincent Paul Colombe 2022.01.13 22:30 
 

Great to assess slowing momentum. One of the many great indicators I bought from the author.

Young Ho Seo
89435
Risposta dello sviluppatore Young Ho Seo 2022.03.04 13:52
You got the idea exactly. The momentum will be slowing down after they have consumed all the energy in the market. We are looking for the opportunity like this to favour our entry. It is the Momentum Indicator that measures the momentum directly from the price itself. We do not use any lagging technical indicator in it. Use together with our Volume Spread Pattern Detector (Free) or Volume Spread Pattern Indicator (Paid) for better results.
Justin James Parker
594
Justin James Parker 2021.03.18 07:16 
 

Awesome indicator! Look forward to trying more from you, also curios to tweaking this with the supply and demand for optimal entry. Very cool!

Young Ho Seo
89435
Risposta dello sviluppatore Young Ho Seo 2021.03.18 12:08
That is the idea. The definition of Accumulation and Distribution area in the Volume Spread Analysis with Richard Wyckoff has a lot of connection with what is known as supply and demand area in the modern trading.
Mr Luesak Muensri
136
Mr Luesak Muensri 2020.07.13 09:29 
 

Simple but powerful. High Reward/Risk Ratio indicator. If it can detect every timeframe dashboard like X3 Chart Pattern Scanner, It will powerful indicator.

maithai
1927
maithai 2018.07.25 06:02 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Rispondi alla recensione
Versione 12.3 2022.03.04
In version 12.3, we have made some minor improvement on Excessive Momentum Indicator.

Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and breakout opportunity. The great advantage of Excessive momentum is that it is simple and easy to use. It can go well with most of known techncial analysis including trend indicators, oscillators, Fibonacci trading, harmonic pattern trading, volume spread analysis, Elliott Wave pattern, etc.
Versione 12.2 2020.12.07
In Version 12.2 of Excessive Momentum Indicator, now you can scan the Excessive Momentum Zone across all timeframe. This a major update for the Excessive Momentum Indicator. The trading concept around the Excessive momentum and Volume Spread Analysis background will be not affected. So you will be trading as you were trading before.
Versione 10.7 2020.08.04
In version 10.7, Excessive Momentum indicator provide faster pattern detection algorithm for Excessive Momentum Detection.
Versione 10.5 2019.10.04
In version 10.5, we have added input for update frequency for scanning.
To change update frequency for scanning, "Timeframe for Update Scanning" = anything timeframe you want.
Please rememeber that if update is more frequent, then you need more CPU and RAM power.
Bear in mind that. Your MetaTrader can run slowly with too high frequency.
Versione 10.3 2019.09.28
In Version 10.3, we have made minor improvement in graphical objects layout. Not too significant change.
Versione 10.1 2019.09.27
In version 10.1, we have made the algorithm much simpler. There is no more Phase 1, 2, 3 and 4 in this new version. Now, it will directly detect Excessive momentum without phases. Now it is much easier to trade with the Excessive momentum indicator.
Versione 8.3 2018.09.20
In version 8.3, Phase 1 Probe Box, Phase 2, Phase 3 and 4 will be shown in your charts.
Versione 7.0 2018.08.24
In Version 7.0, Excessive Momentum indicator will draw triangle automatically. And many powerful features are updated too.
Versione 6.6 2018.07.25
In version 6.6, We added a triangle to indicate the strength of excessive momentum. Click over the C line in chart to see them.