Purpose: Measures momentum (velocity) and directional bias for futures trading, ideal for gap-up and gap-down scenarios.
Description:
Hamzei Analytics’ Central Intelligence (CI) algorithm acts as a velocity metric—where price is distance—using limit theory to analyze market dynamics.
Outputs two values: CI and Smoothed CI, on a -50 to +50 scale, with color-coding to indicate momentum strength and direction (e.g., green for bullish, red for bearish).
Helps traders identify trending or reversing markets, with readings above +20 or below -20 signaling strong momentum or potential reversals.
Example: A CI reading above +30 after a gap-up suggests strong bullish momentum.
NinjaTrader Use:
Plotted as a subgraph with two oscillating lines (CI and Smoothed CI), color-coded for quick interpretation.
Integrates with NinjaTrader’s RadarScreen to monitor momentum across multiple instruments.
No inputs required, with customizable smoothing periods for the Smoothed CI line.
Practical Example:
On an ES chart for June 25th, HAPICI rises above +30 at 08:30 after a gap-up to 5680, with a green color indicating strong bullish momentum.
Price sustains the rally to 5690, confirming the directional bias for a long position.
