<![CDATA[Forex Software — Momentum indicator doesn't appear to work]]> 2024-06-03T16:44:18Z PunBB https://forexsb.com/forum/topic/9660/momentum-indicator-doesnt-appear-to-work/ <![CDATA[Re: Momentum indicator doesn't appear to work]]> Momentum is non-directional, meaning you can't use it's "opposite level" to distinguish between buy and sell trades. Did you take that into account?

]]> https://forexsb.com/forum/user/1841/ 2024-06-03T16:44:18Z https://forexsb.com/forum/post/80050/#p80050 <![CDATA[Momentum indicator doesn't appear to work]]> Hi Popov,

Can you check the Momentum indicator in EA Studio? I have a strategy for long positions only that has a rule where the momentum is higher than the level line with a level of 100.2, but it often opens a long when the level is between 100.0 and 100.2.

I have another strategy for short positions only that has a rule where the momentum is higher than the level line with a level of 99.8, but of course since it is short only then it should mean only when the momentum is lower than 99.8, however it often opens a short when the level is between 100.0 and 99.8.

It's like the line level is always 100.0 no matter what value you put in for level, maybe it's rounding when it shouldn't?

Thanks!
--Aaron

]]> https://forexsb.com/forum/user/12293/ 2024-02-12T14:11:34Z https://forexsb.com/forum/post/78651/#p78651