Nevron .NET Vision Documentation
Momentum

Syntax
MOMENTUM(values; period)
Arguments
The 'values' argument must be an array.
The 'period' parameter must be a constant greater or equal to 1.
Result
The result is an array. The first 'period' elements are marked as invalid.
Description

The Momentum indicator measures the amount that a security's price has changed over a given time span. It can be used as a trend-following oscillator similar to the MACD or as a leading indicator. The formula of the momentum is:

Momentum[n] = values[n] - values[n - period]

Related Examples
Windows Forms: All Examples\Data Manipulation\Functions\Financial\Technical Price Indicators

 

 


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