Trading With The Momentum Indicator For Best Results

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Trading With The Momentum Indicator For Best Results

The momentum indicator (momentum oscillator indicator) is one of the trading indicators available to traders to gauge the momentum in the market.

There are several momentum indicators that can be used for intra-day trading as well as other styles and they include:

MACD indicator – moving average convergence divergence
RSI – relative strength index
Stochastic oscillator – also know as Stoch
You can also use a series of moving averages such as the 3 EMA setup where you’d look for the widening of the space between the averages.

Keep in mind that there is no best momentum indicator. They all measure the same thing except use different means of doing so. You want to use something you understand and that fits your trading approach..

We are going to discuss the aptly named “momentum indicator” that is in the family of trading indicators known as oscillators.

- See more at: https://www.netpicks.com/momentum-indicator/

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