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LFOM Index

619
The ultimate Momentum Oscillator!

The ticker line act as a common momentum oscillator. When it's orange, the trustability of the overbought/oversold condition is greater.
The thiner line is made to be used on range moments, such as squares or envelopes.
The background collors indicates good moments to buy (green) or sell (red) - the signal is triggered in the very moment that the background color appears.

How to use:
!!!!! DON'T SELL ON STRONG BULL TRENDS AND DON'T BUY ON STRONG BEAR TRENDS!!
When facing a extremely strong bull market, overbought areas must be used as signs to take profits, not points to enter conter positions. The same rule applies to strong bear markets, in which the oversold areas indicates good points to cover position.
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Now you can see when on of the strategies is about to be triggered
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Add Fatigue lvl
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improve
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fix
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Improved

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.