Momentum Change

mom_change

Function Name: mom_change

Tags: None

Category: Momentum

The Momentum Increasing option marks a bar if momentum is increasing (using a 10-bar average of momentum). Momentum Increasing might indicate the speeding up of a trend. The Momentum Decreasing option marks a bar if momentum is decreasing (using a 10-bar average of momentum). Momentum Decreasing might indicate the slowing down of a trend.

 

Link: http://www.investopedia.com/terms/m/momentum.asp

 

Parameters

Period_Mom

 

Default Value: 10  |  Minimum: 1  |  Maximum: 9999

 

Type: Numeric

Period_Movs

 

Default Value: 10  |  Minimum: 1  |  Maximum: 9999

 

Type: Numeric

ShowEachOccurrence

 

Default Value: 0

 

Type: Boolean

UseIncrease

 

Default Value: -1

 

Type: Boolean

UseDecrease

 

Default Value: -1

 

Type: Boolean

ShowTraderMarks

 

Default Value: 0

 

Type: Boolean

ShowTraderBars

 

Default Value: -1

 

Type: Boolean