The net change between the last price and the price Length periods ago.
Syntax: MOM(Source, Length, Interval, [Ref], [Symbol])
Source = Required.
Length = Required. The number of periods prior to the current period that is compared to the current period
Interval = Required.
[Ref] = Optional. This shifts the current period to the left (- values).
[Symbol] = Optional.
Comments:
The default length in RavenQuote is 12.
Examples:
MOM(Close, 12, 5, 0, YHOO)
The Momentum using the Closing Price for the current 5-minute bar for YHOO.