Price Momentum Baseline
Identify the Strength of Price Movement
Last updated
Identify the Strength of Price Movement
Last updated
The Origami Oscillator Price Momentum Baseline is based off the same math as our Price Momentum candle coloring option, and therefore will give you the same result. Price Momentum is an excellent way of tracking bullish and bearish momentum through candle movements. They can also be used to identify potential reversals a few candles prior to the reversal occurring.
Light green candles indicate strong bullish momentum, while darker green candles indicate bullish momentum that is dying out.
Light red candles indicate strong bearish momentum, while dark red candles indicate bearish momentum that is dying out.
Below is a picture of the Price Momentum Baseline
You can turn the Price Momentum Baseline on or off within the Origami Oscillator settings menu.
