You are here: Technical Analytics > Chart Indicators > Momentum

Apply a Momentum Indicator

The Momentum is the difference between the current point (price or something else) and the point N periods ago. Momentum is calculated as a ratio of today’s price to the price several (N) periods ago.

Momentum = CLOSE(i)/CLOSE(i-N)

Where:

CLOSE(i) — is the closing price of the current bar.

CLOSE(i-N) — is the closing bar price N periods ago

 

To apply a Momentum Indicator

  1. From within a chart, from the Edit menu select Studies.
  2. Choose Momentum and Add the study.
  3. Complete parameters as necessary.

 

Important Disclosures