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Re: Momentum Signal Indicator for Trading

funchi, Tue Jun 17, 2025 9:26 am

Actual Trade Example

The 4-hour and 1-hour charts were showing buy signals.
I entered a trade based on a buy signal from the 1-minute chart.
The stop loss (SL) was set at the most recent low on the 1-minute chart.

Although it was a new order placed just before the London session, I trusted the signal and anticipated momentum following the market open.

I exited the trade near the recent high.

The blue vertical line indicates the entry time.
The yellow vertical line indicates the exit time.

The risk-to-reward ratio was 1:0.66.
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