FTLM STLM Momentum Indicator for MT4 – Free – [Trading Finder]

The FTLM STLM indicator, a momentum-based analytical tool, is designed to detect trend strength and potential market reversals. It consists of two key components:

• Slow Trend Line Momentum (STLM), displayed as blue histogram bars;
• Fast Trend Line Momentum (FTLM), shown as red oscillating lines plotted over the indicator window.

FTLM STLM Composite Momentum Indicator Table

The general specifications of the FTLM STLM Composite Momentum Indicator are presented in the following table.

Indicator Overview

The FTLM STLM Momentum Indicator generates entry and exit signals based on the interaction between FTLM and STLM:

• When the FTLM line moves above the STLM, it indicates increasing bullish momentum and a possible buy signal
• Conversely, when FTLM is below STLM, it signals bearish momentum and a potential sell opportunity

Uptrend Conditions

In the EUR/USD currency pair chart, a bullish crossover occurs when the FTLM crosses above the STLM from below. Simultaneously, the first blue bar appears on the histogram, which triggers a buy entry signal.

Downtrend Conditions

The following price chart shows the AUD/CHF currency pair on a 1-hour timeframe. When the FTLM line moves downward toward the STLM from the upper zone, this convergence of price and oscillator may signal momentum shift and provide a sell entry area.

FTLM STLM Indicator Settings

The settings panel for the FTLM STLM Momentum Indicator is shown in the image below:

• Shift of STLM: STLM displacement
• Shift of FTLM: FTLM displacement

Conclusion

The FTLM STLM indicator is a technical analysis tool based on price momentum. By combining two key momentum components FTLM (Fast Trend Line Momentum) and STLM (Slow Trend Line Momentum) it helps identify trend reversal points and measure the strength of price movements.