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The “Momentum” indicator is another member of the “Oscillator” family of technical indicators. SSI is the prime indicator to do sentiment analysis (although there are others such as the COT report, for long-term trading), but acquiring the SSI in the form of an indicator, for Forex, does not come cheap. Identifying stocks that are overbought or oversold can be an important part of establishing buy and sell points for stocks, exchange-traded funds, options, forex, or commodities. This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. Leveraged trading in foreign currency carries a high level of risks and may not be suitable to everyone. All Indicators on Forex Strategies Resources are free. It easy by attach to the chart for all Metatrader users. No Nonsense Forex 100,308 views. 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