I_MOM- Inuvest Momentum Indicator
I_MOM is a cyclical indicator which enables detection in reversal of momentum from one direction to another.
I_MOM uses a normalized score of 264-period (for 15 minute candles) over a rolling momentum of 12-period.
SIGNAL Generation
BUY signal is generated when the indicator turns positive and a SELL signal is generated when it becomes negative.
Where to use this indicator?
This indicator can be used for Option buying strategies over a 15 minute candle.