Trade Stock Indices

Learn Stock Indices Trading

Chande Momentum MT4 Stock Indexes Indicator and Indices Trading Signals

Developed by Tushar Chande


Chande Momentum MT4 Indices Indicator measures momentum of indices.


This MT4 Indices Indicator uses a scale ranging between +100 and -100 thus allowing the indices trader to clearly see changes in net momentum using the 0 level mark as a balance point.


Calculation

Chande momentum uses data for both up days and down days in the numerator, thereby directly measuring momentum.


The calculations are performed on unsmoothed data. This allows for short-term extreme movements to be less hidden. However, smoothing can still be applied to the MT4 Indices Technical Indicator.

Chande Momentum MT4 Stock Indexes Indicator



MT4 Indices Technical Indicator and Generating Indices Trading Signals


Buy Indices Trading Signal

This MT4 Indices Indicator measures the momentum of indices price.


Levels above Zero line are considered to be bullish/buy stock indices signals.


The higher the MT4 Indices Indicator goes the higher the upward stock indexes price momentum.


Buy Indices Trading Signal

Buy Indices Trading Signal



Sell Indices Trading Signal

Levels below Zero line are considered to be bearish/buy stock indices signals.


The lower the MT4 Indices Indicator goes the higher the downward stock indexes price momentum.


Sell Indices Trading Signal

Sell Indices Trading Signal

 

Forex Seminar Gala


Forex Seminar




Broker