The Anchored Momentum V2 Forex Indicator is a momentum based indicator which works very simple and it’s can be used in several ways. At least a knowledge of trading basic might be needed to use this tool. For a newbie, to apply this Indicator might be a difficult task as it requires several practice to be able to trade with this indicator. The rules is very easy but unfortunately not every signals produced by the indicator is a valid signal. Using it in combination with other indicator to filter noise signals. One should be smart enough to take a occusion in high probability trade and leave them when the riskier trade.
The indicator has a colored histogram and line along it, when the cyan color histogram come up and its value over then zero level, represents buying condition of market. While if orange histogram arise means the market condition is in selling trend.
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