ποΈMomentum Bands
The Momentum Bands overlay directly on your price chart and provide an additional visual layer of trend confirmation. They act as a dynamic trend-following envelope around price.
How to read them:
π’ Green / Bull color
Price is in an uptrend
π΄ Red / Bear color
Price is in a downtrend
When the bands change color, it confirms the trend is shifting β this is a slightly lagging signal by design, which makes it a great confirmation tool rather than a leading signal.
Band Speed Settings
Fast
Reacts quickly to short-term trend changes β best for scalping
Balanced
Smooth, reliable trend detection β recommended default
Slow
Follows larger, longer-term trends β best for swing trading
How to Use Momentum Bands
Use the bands as a visual trend filter on your chart
When bands are green and the Oscillator Wave Overlay is also green, you have strong confluence for bullish trades
Band color changes can serve as exit signals when your position goes against the new trend
Settings
Show Momentum Bands β Toggle bands on/off
Speed β Fast / Balanced / Slow
Colors β Customize bull/bear band colors

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