An indicator that strongly supports buying on dips and selling on rallies with Momentum and MA [MOMMA2]

An Indicator that Strongly Supports Buying on Dips and Selling on Retracements with Momentum and MA【MOMMA2】

https://www.gogojungle.co.jp/tools/indicators/26001

The concept of this arrow indicator is to determine the medium- to long-term trend with two moving averages and to judge the short-term trend with momentum to time entries.

Note: This is a non-repainting indicator.

Note: You can use it with your preferred settings.

Note: This indicator does not include an indicator to display momentum, so please be aware of this.

(Also, momentum is standardly included in MT4.)

In the figure below, momentum is displayed for convenience of explanation, but in reality, momentum is not displayed when this indicator is installed.

Examples of MOMMA2 signals

An Indicator that Strongly Supports Buying on Dips and Selling on Retracements with Momentum and MA【MOMMA2】

https://www.gogojungle.co.jp/tools/indicators/26001

Popular articles in the series

Blacksun Indicator (List)

(0) Introduction Regarding indicators for MT4(1) MT5 indicators, please refer to(2) below. Clickin

Validate the effectiveness of the mBDSR (RCI2 low-pass filter) by creating an EA

Indicator that shines when combined with RCI: BODSOR・mBDSR　　https://www.gogojungle.co.jp/tools/indic

Release of "mBDSR RCI Filter Version"!!

Addendum※In December 19, 2019, we upgraded further and added a feature that notifies sign occurrence

Considerations on the rationale for selling “RCI3 Three-Line + mBDSR” ~ Example of a one-hour level rebound sell (2)

Note: This article is a transplant from the Gogojungle blog dated July 25, 2020, created for Investm

RCI3 and MACD Golden Cross and Death Cross-focused Indicator Chart Example (13) Gold (XAUUSD) 5-minute chart

An indicator that strongly supports pullback buying and pullback selling with three RCI and MACD htt

See all