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MOM()

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 images/aspen00000253.gif

Formula images/aspen00000254.gif

Parameters SERIES
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.

Examples MOM_EX1(SERIES,PERIOD=9)=MOM(SERIES,PERIOD)

MOM_EX2(INPUT,PERIOD=9)=MOM(INPUT,PERIOD)