Short Term Momentum

This indicator is not designed to be used on its own. Its main purpose is to detect an early potential change in the Trend Momentum.

How does it work?

It aggregates 5 different aggressive indicators to output a probability signal between 1 and -1, with an adjusted "Neutral Threshold" according to Risk appetite.

L for Long, S for Short, O for out of the market or neutral.

Indicators used:
DMI
STC
SMI
Aroon
Crossing MA with level of sensitivity
MACD
Trend Cont.