I'm not saying use this indi as is but it does throw up some things and can help you see momo areas on the chart you may have missed. Been a good day for me today, only been scalping 10 pips a pop using a combination of momo etc and dchappy's Renko method and got 30 on the way down and 20 on the way up. I won't post those charts here as I don't want to clutter the thread with something that has nothing to do with it. 'm finished for the day but I think now would be the time to start looking for shorts if the pa lends itself to it
Actually, sod it, here is the other chart:
I won't post any more of these here though.
Note I'm not trading the indicators, I'm using my prior analysis then using the indis purely as confirmation. The H1 overlay on the Renko helps me see momo bringing a time element to a none time based chart.