more...Momentum analysis can help traders observe changes in the strength and direction of price movement, but direct price movement can be difficult to interpret when it is affected by short-term fluctuations. This article demonstrates how to build a Two-Pole Momentum Oscillator in MQL5. It measures price deviation from a moving average, normalizes it using the recent mean and standard deviation, and applies two-stage smoothing to produce the final oscillator.
It usually starts quietly.
You see a headline. You hear a warning. You notice a shift in sentiment. Maybe inflation is rising, geopolitical tension is building, or a market commentator is warning that the next major decline is close.
You look at the charts. You look at the indicators. You look at the macro picture. The market feels stretched. Prices seem too high. The
Many traders rely on trend-following tools like the SuperTrend to manage their entries and trailing stops. The SuperTrend is undeniably effective at keeping traders in prolonged moves, but it suffers from being mathematically rigid. A standard SuperTrend multiplies the Average True Range (ATR) by a fixed constant (for example, 3.0) to trail the price. It does not care if momentum is accelerating effortlessly or if a reversal is imminent; it blindly maintains its fixed distance until the price
In my latest interview with Steve Yang from Natural Resource Stocks, I walk through the charts behind gold, silver, miners, the U.S. dollar, equities, AI momentum, and why cash can be one of the most important positions in a portfolio. I still believe gold is in a major long-term supercycle, but the short-term charts are telling a different story right now. When I look at
In this interview with Stijn Schmitz on Palisades Gold Radio, I walked through what I’m seeing across the broader market, and the message is mixed. Stocks continue to grind higher, but the strength is not broad-based. Much of the move is being driven by technology, small caps, and micro caps, while other areas of the market are not confirming the same level of strength. To me, that type
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