Momentum Indicator
Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and breakout opportunity. The great advantage of Excessive momentum is that it is simple and easy to use. It can go well with most of known technical analysis including trend indicators, oscillators, Fibonacci trading, harmonic pattern trading, volume spread analysis, Elliott Wave pattern, etc.
Please watch YouTube video for full explanation.
In addition, we also have more detailed explanation in this blog here.
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We list Excessive Momentum Indicator, Volume Spread Pattern Indicator and Volume Spread Pattern Detector in order.
Below is the landing page for Excessive Momentum Indicator.
Here is the link to Volume Spread Pattern Indicator (Paid and Advanced Version).
Here is the link to Volume Spread Pattern Detector (Free and Light Version).