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I was wondering if anyone know any indicator similar to this indicator. It is from oil trading Room and the indicator called smart momentum indicator, it is very good for divergence. If any one knows any similar indicator I appreciate if you let me know?
Thanks, Masoud, for bringing this up. I like particularly the SmartPointBreaks portion of the oscillator. At least, with the parameters shown on the chart (which are not shown).
I have MAC BB and I have not been able to tune it to the results I seek. SmartMomentum.SmartPointBreaks seems to do on that chart's picture.
Does anyone where to obtain the actual indicator SmartMomentum.SmartPOintBreaks ??
That looks like the CCI indicator: at 0 and then moves to 2 and -2.
Just put a CCI on your chart, there are a number of them on NexusFi or your trading platform should have one.