🏎️Momentum 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:

Band Color
Meaning

🟒 Green / Bull color

Price is in an uptrend

πŸ”΄ 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

Speed
Behavior

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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