Rova MTF SMI Minute

Stochastic Momentum Index is used to find oversold and overbought zones. It also helps to figure out whether to enter short trade or long trade.

Red Shade in the Top indicates that the stock is oversold and the Blue shade in the bottom indicates overbought.

The lighter color indicates that the trend is continuing while the darker color indicates the trend is reversing.

This indicator shows 3 Stochastic Momentum Index of 3 different Time Frames (with 1 minute as their base resolution) in one windows.