Definition Momentum oscillator. Momentum is generally thought of as the difference between prices. A momentum study is calculated by subtracting a previous price from the current price. If the previous price is greater than the current price, the study yields a negative value; conversely, if the previous price is less than the current price, the difference is a positive value. Syntax Formula Parameters SERIES Examples MOM_EX1(SERIES,PERIOD=9)=MOM(SERIES,PERIOD)MOM()
Required if the formula name declares the SERIES parameter.
INPUT
Required if the formula name declares the INPUT parameter.
PERIOD
Required if the formula name declares the PERIOD parameter.
MOM_EX2(INPUT,PERIOD=9)=MOM(INPUT,PERIOD)