Keyword Description
Momentum
Class
Indicator
Where Legal
Resources |
Entry Logic |
Exit Logic |
Initial Size |
Resize (Pre-Category) |
Resize (Category-Level) |
l |
l |
l |
|
|
|
Syntax
MO[p,n]
Where p (O,H,L,C) is the price and n is the number of days in the study.
Example
Sample code
COL2 = MO[COL1, 30]
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Momentum is a measurement of the speed of price change. It is simply the difference between today's price and the price of a selected number of days ago. As prices begin to trend strongly, momentum will increase, and vice-versa. |
