Mango Mom is a momentum assessment indicator that allows the trader to identify trading opportunities in direction of the trend. A trader can use this indicator to assess the strength of the momentum ( RSI ) of the current asset in relation to it's strength on the higher time frames. This allows for unique trade opportunities if used with the visualization provided. The trader can also use the "Flash Mom" feature to to quickly visualize the current directional momentum strength of the asset.
How to use:
1. Pick the higher time frame oscillator setting you wish to keep track off on the settings menu. You can set the color too, default is purple. 2. Switch to lower time frame to view the relationship between the two. LTF RSI will have flashes of orange and white to indicate value areas in relation to the purple (default) RSI
Note: This indicator, as with other indicators, should not be used in isolation -- and should be used in conjunction with your existing trading tool set.
Use the link below to obtain access to this indicator.