Linear Momentum 1.0

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Linear Momentum - Measuring the strength and direction of movement.

The Linear Momentum Indicator is a useful and free Forex indicator for MT4. The indicator calculates the difference between the current closing price and the closing price of a certain number of periods ago. The result is then plotted as a histogram, which helps traders identify the direction and strength of the momentum. The histogram is color-coded to indicate whether the momentum is positive or negative. By tracking the changes in the histogram, traders can use the Linear Momentum...

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