Double Momentum Indicator uses two Momentum indicators set at different periods of overbought / oversold levels. If both Momentum Indicators crosses the overbought levels (Momentum UP Line) a red dot is painted on the chart. If both Momentum Indicators crosses the oversold levels (Momentum DOWN Line) a green dot is painted on the chart. Double Momentum Indicator uses the Momentum Indicator 0-100 Double Momentum Indicator does not need any other Indicators installed. ![]() First Momentum Period, First Momentum UP Line and First Momentum Down Line, see picture below ![]() Second Momentum Period, Second Momentum UP Line and Second Momentum Down Line, see picture below ![]() |
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