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Navigator Configurable Inputs
Look Back Period
Sets the look-back period for the histogram. Default = 25
Smoothing Slow
Average
Slow smoothing factor for histogram. Default = 13
Consolidation
Look Back
Sets the look-back period for calculating market consolidation state
which is displayed on center, zero-line. Default = 10
Consolidation
Standard Deviation
Sets the standard deviation for calculating market consolidation
state which is displayed on center line. Default = 2
Navigator Display Settings
Trending vs.
Consolidating
Provides a reference point for larger momentum shifts. Aqua indicates
the market is supply imbalanced and is trending; yellow indicates that the
market is supply balanced and moving sideways.
Momentum
Histogram
Histogram displaying trend vs. non-trend states plus momentum. Refer to
the following Momentum Histogram color legend.
Momentum Line
Momentum confirmation line that changes from green to red to give
early warning of trend direction shift from long to countertrend short—
and short to countertrend long.
Histogram Moving
Average
Slow moving average of the histogram that displays a relative measure of
the overall levels of buying and selling. (blue)
Momentum Histogram Color Legend: The histogram is comprised of vertical bars plotted above
and below a horizontal ―zero-line‖ that are color-coded to provide the following information:
GREEN
Confirmed uptrend: Higher highs in the histogram indicate that the current
directional move to the upside is continuing to gain momentum.
RED
Confirmed downtrend: Lower lows in the histogram indicate that the
current directional move to the downside is continuing to gain
momentum.
DARK GREEN
Upside momentum is slowing. Potential countertrend short area.
DARK RED
Downside momentum is slowing. Potential countertrend long area.
MAGENTA
High probability peak uptrend or peak downtrend condition, following
uptrends or downtrends, respectively.