DayMomentum is the Momentum indicator, in which the indicator period is calculated automatically using the number of bars of the current day.
Timeframe: M1-D1. At the first run, the indicator needs some time for calculation.
MT4 Indicators – Download Instructions
DayMomentum is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
DayMomentum provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install DayMomentum.mq4?
- Download DayMomentum.mq4
- Copy DayMomentum.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on DayMomentum.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator DayMomentum.mq4 is available on your Chart
How to remove DayMomentum.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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