The best approaches to trading are often the simple ones, and this is true with indicators as well. The 3-10 Momentum Oscillator is a simple indicator. Despite its simplicity, it is one of the very best indicators a trader can use for trading. However, it is knowing how to use this tool that will make all the difference. And this is what this training webinar is all about: teaching you in-depth how to use the 3-10 Momentum Oscillator to increase your chance of winning trades.
The 3-10 Momentum Oscillator can frequently pick up tradable patterns long before we can see them unfold on the chart. It also serves as a useful support tool for those learning to read the market by its own actions.
In this training webinar, Dr. Gary will show you how to use this simple momentum oscillator he uses in his trades. Like all of Dr. Gary’s webinars, this one goes into great depth on how to use this simple tool. You will learn all the details and nuances that Dr. Gary has learned for over 10 years of using this highly effective technical instrument. Dr. Gary will also share with you the trade setups based on this indicator, complete with setup, entry, and exit details.
In this webinar, you will learn:
How the indicator is constructed
What each of the indicator elements tells the trader
How to see the all-important new momentum come into the market
How to read loss of momentum and what it likely means
How to use this oscillator in multiple time frame scenarios to increase your success
A quick and accurate way to assess higher time frame momentum/loss of momentum on only one time frame
When divergence is likely to produce a winning trade and when it is not (if you have had difficulty trading divergence in the past, this will be of great help)
How to use the little-known method of applying divergence between the oscillator and the price waves or swings for excellent trade entry
The best charts and time frames on which to use this indicator
How to combine market structure with this indicator for a better understanding of when the market is about to take off
How to combine this oscillator with another simple indicator for maximum effect
How to know when the indicator is about to turn, giving you an ‘early warning’ and edge in the market
Several key trade setups explained in detail that you can immediately use
A copy of the TradeStation plugin or Ninja Trader plug in. It is simple so should be fairly easy to develop for your software. The indicator is quiet powerful so it is worth using it