Trading with the Momentum Indicator

This lesson is designed to introduce the trader to the momentum indicator, its basic construction, how it can be used for trends or reversals to indicate trend strength or weakness, and how it relates to price action.

Buddhist, Trader and Philanthropist

I'm Chris Capre, Founder of 2ndSkiesForex. I help traders of all levels change the way they think, trade and perform. As a professional trader, I specialize in trading price action. As a teacher, my passion lies in showing you how to re-wire your brain for successful trading. Want to improve your edge right now? Visit my Price Action Course page.

  • ray

    best explanation for the indicator so far…………

  • Phil

    When I apply the indicator to my charts I get readings around 100. Should I use that as a barometer rather than zero?

    • Hello Phil,

      0 Should always be the mid-point, not 100 which is generally a high momentum reading.

      Hope this helps.

      Kind Regards,