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5 momentum
Started:June 2nd, 2012 (07:02 PM) by TrendTraderBH Views / Replies:881 / 2
Last Reply:June 5th, 2012 (01:22 PM) Attachments:0

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5 momentum

Old June 2nd, 2012, 07:02 PM   #1 (permalink)
Elite Member
Detroit, Michigan
Futures Experience: Beginner
Platform: Ninja Trader
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Posts: 291 since Nov 2011
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5 momentum

Whats a 5 Momentum chart? How does it compare to a Better Renko chart?

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Old June 2nd, 2012, 07:02 PM   #2 (permalink)
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Old June 5th, 2012, 01:22 PM   #3 (permalink)
Elite Member
La Jolla, CA
Futures Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
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This post has been selected as an answer to the original posters question Answer

TrendTraderBH View Post
Whats a 5 Momentum chart? How does it compare to a Better Renko chart?

I use them and consider them to be a blend of Range bars and Renko bars with it's own twist. I like them because they provide a very clean chart.

Here's the indicator link: https://futures.io/elite-circle/8519-momentum-barstype-ninjatrader-7-a-9.html#post118238

And here's the overview: https://futures.io/elite-circle/8519-momentum-barstype-ninjatrader-7-a.html

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