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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Momentum

Momentum Rate this Topic:
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Bruce_L
Posted : Tuesday, March 7, 2017 3:49:07 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Momentum

Momentum is the same as Rate of Change Percent (ROC%) plus 100.

Template

100 * C / Cx

Where x is the Period of the Momentum indicator.

Examples

A 1 period momentum formula can be written as follows.

100 * C / C1

A 21 period momentum formula can be written as follows.

100 * C / C21

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-Bruce
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