Excessive Momentum Indicator Simple Manual
Excessive Momentum Indicator is really an advanced tool to spot an important turning point and breakout level. It is fully automatic to detect these price levels. You will get notified.
When the zigzag lines are present in chart, it may be too messy. But you can simple turn it off from your chart by Setting ZigZagLineWidth = 0.
That is it. Now you can recognize the price level much easier. Follow the instruction from the screenshot below.
As you can see, it is really accurately predicting the place for turning point and breakout. When indicator detect Excessive Momentum area, just be ready to trade until then just rest.
Here is the link to Excessive Momentum Indicator.