The MQ SuperMomentum indicator provides the same Fast, Slow, and Histogram plots of regular MQ Momentum, along with additional powerful features. This updated version includes many updates that our users have requested, such as the generation of alerts, and easier identification of critical momentum signals, and even trend analysis. MQ SuperMomentum is like having a momentum expert standing by your side to point out what MQ Momentum is telling us, which is helpful for both novice and expert traders.
The additions to MQ SuperMomentum include:
- Identification of Fast Line Trend Dots w/ selectable colors
- Optional Predictive Trend for advanced Fast Line trend detection
- Rising / Falling histogram identification with customizable colors
- Optional Mid Line (Midpoint of Fast and Slow line)
- Identification of No Returns
- Identification of Momentum Inflections
- Identification of One Green Fingers / One Red Fingers
- Ability to align and filter Momentum Inflections with Fast Line movement
- Regular vs Extended coloring options for Fast / Slow / Mid Lines
- Optional Alerts on:
- Fast / Slow / Mid Lines crossing beyond OB / OS levels
- No Returns
- Momentum Inflections
- Red and Green Fingers
- Adjustable Overbought / Oversold levels
- Ability to hide Fast, Slow, Mid, Overbought, Oversold and other plots to configure it as you like
- Optional Zero line
- Selectable Fast / Slow / Mid colors for both regular and extended states
- Overall increased flexibility in color choices throughout the indicator
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