Momentum Indicator

The Momentum indicator is an indicator that calculates the value price shifts during a specific period of time, often defined as "X" candles. One of the things that make it a little unusual, Momentum is used as a leading indicator. Read more on http://www.fxstrategy.com/video/forex-trading-indicators/momentum-indicator-66.html

Comments

1. Trying to find a way to add this to my arsenal. So far, doesn't seem like a good indicator.
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3. Tf (5) ok
4. Hello, I have a question: If I'm a day trader, where should I put the Momentum Indicator? In the higher timeframe or lower timeframe? Thanks!