Price Momentum Index (PMI)

Price Momentum Index (PMI) is a powerful and easy to use indicator. It can use for any currency and timeframe.

Features

• Noise reduction.
• Trend detection.
• No lag.
• Good entry point detection.
• Good TP guide line.
• All in one window, easy to use and make decision.

How to Use

• Prepare entry – When the PMI line (aqua) is between Signal (yellow) and Sinal2 (red) line.
• Entry – When the PMI (aqua) line breaks through Signal1(yellow) or Signal 2 (red) line.
• Exit – When the PMI line (aqua) cross TP1 or TP1 or TP3 line.