MO

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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.