The ultimate momentum intensity tool for NinjaTrader 8, providing instant clarity on trend strength and market volatility.
"Keep the current move's power in sight at all times."
The indicator measures how strong the current move is compared to the daily average of the past X days.
Shows rising or falling momentum across the last X bars.
Define custom low/medium/high zones for each instrument.
Every setting is customizable in both size and behavior.
PowerMeter is a reliable companion that keeps you informed about the current momentum strength at all times. It combines factors like volume, ATR, and other metrics into a clear, easy-to-read display.
The PowerMeter package includes two indicators:
The 1-minute meter shows real-time momentum strength directly on the 1-minute chart, making it ideal for day traders and scalpers.
The 4-hour meter analyzes broader market phases and compares them with historical data (e.g., the last 365 days). You immediately know whether the current environment is unusually strong or weak.
You also receive two additional indicator formats for easier calibration. Timeframes, dynamic ranges, and indicator parameters are fully configurable. PowerMeter is a powerful tool you won’t want to trade without after just a short time.
Secure payment · Support & updates included
