Momentum Oscillators

Momentum oscillators are popular because they are leading indicators that can signal a possible trend change that is yet to start. The adjustable time period means these indicators can be used by day traders as well as swing traders. They helps to gauge the strength and momentum of a trend but also typically signal if a market is overbought or oversold, which can point to a stalling or reversal of the trend. There are several momentum oscillators such as Connors RSI, the Awesome Oscillator, the Price Oscillator and Elder`s Force Index.