Understanding the MA on Momentum Indicator
Let’s break it down: the MA on Momentum combines a straightforward 'Momentum' indicator with a smoothed version using a 'Moving Average'. This gives us a clearer picture of market momentum.
Chart 1. MA on Momentum
How to Trade with MA on Momentum
Keep an eye on the moments when the indicator lines cross over each other. If the crossover happens below the '100' level, it's your cue to consider opening a BUY position. Conversely, if it crosses above the '100' level, it’s a signal to go for a SELL position. This strategy can help you capture those sweet trading opportunities!
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