Trend Momentum Algo

Professional-grade trading indicators for everyone.

Last Update: July 3, 2024

The Trend Momentum Algo accurately identifies trend momentum changes and provides unmatched signal quality.

NEW: Mohren Momentum Congestion (MMC) Dots:
- Red and green ‘dots’ seek to identify ideal points of reversal for buy and sell opportunities. The larger dots signify more significant levels than the smaller dots.
- Concentration of price often occurs in the center section. This is the area where price has to overcome resistance levels and moving averages after a price reversal, as well as at reversals.
Correctly identifies changes in trend strength and points of reversal
Provides early warning signs of an expiring trend
Works for all timeframes and investment types
Settings for simplified and detailed view
By itself it can be used as a profit-taking indicator

Reversal of the indicator curve
Change of color:
- blue = upward momentum
- red = downward momentum
Works best in combination with our other indicators
In the detailed view (all plotting options unselected), when the outer momentum trendline crosses over the orange line and before crossing the green line.

TRADING
The simplest way to trade this indicator is to buy when it turns blue and sell when it turns red. Or you can see more details.
DETAILED VIEW
For a more detailed view you need to unselect both FILLS in the settings in the inputs tab. On the style tab you can select which indicator lines you want to see. Besides the main trend, the indicator comes with various moving averages and their respective linear regressions. We prefer the settings you can see to the right.
DOTS
The dots use pattern analysis to identify reversal points.
The number of dots will change depending on the instrument and time frame. You can adjust the amount of dots by adjusting the dot values in the settings to increase or reduce the sensitivity.
CAUTION
When the trend algo indicator is far away from the center line (typically after big price moves), indicator reversal and/or color change should not by itself be used as an entry signal for a long or short position. In these cases it is prone to being too early and price can still move in the same direction for quite a while before turning.