Momentum

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.