Momentum |
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| Parameter | Default | Acceptable Values |
Length |
12 |
1 to 1,000 |
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Source |
Close |
Open, High, Low, or Close |
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Example |
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5 Period momentum line: 9, Close |
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Description |
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Momentum is the arithmetical difference of the current price to the price a defined numbers of bars ago. Momentum depicts the rate prices are moving up or down. If the line crosses the zero line, a change in trend is indicated. |
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ErlangerQuote Special |
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The study label, the text box that shows its current value, can be placed on either the left or the right axis. |
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