In This Topic
Syntax
MOMENTUMDIV(values; period)
Arguments
The 'values' argument must be an array.
The 'period' argument 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 Division function is similar to the Momentum indicator. It calculates the ratio between a current value and the value, which is 'period' days before the current value. The formula of the Momentum Division is:
MomentumDiv[n] = 100 * values[n] / values[n - period]
Related Examples
Windows Forms: All Examples\Data Manipulation\Functions\Financial\Technical Price Indicators
