I have received alot of queries about the Momentum 0.8 indicator and I will make a separate video to address those questions.
The purpose of this video is to build confidence in the understanding behind the indicator and to show you that if we accept the premise that the Central banks and the commercial banks within each country are in charge of the market, and are buying the lows and selling the highs, the Momentum 0.8 is able to track this movement and momentum in price. This is achived by the lowest block of my four block indicator.
In the video you will see that as we analyse the fourth block the indicator is able to track the buying at the lows and selling at the highs with great accuracy. An accuraccy which offers a real edge in what is a very difficult game.
You will see that the turns are taken by the indicator far faster than a moving average or other standard industry indicator.
I hope you find the video informative it lasts round 37 minutes.
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