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MOMENTUM INDICATOR Rate this Topic:
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GORDO1
Posted : Thursday, August 7, 2008 3:41:21 PM
Registered User
Joined: 10/7/2004
Posts: 4
I KNOW THAT WORDEN DOES NOT  HAVE A "MOMENTUM" INDICATOR AS  IS USED IN INVESTOR'S BUSINESS DAILY. QUESTION?: HOW CAN I MAKE AN EQUIVALENT INDICATOR WITH TCNET????

GORDO1
Bruce_L
Posted : Thursday, August 7, 2008 3:57:09 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
Welcome to the forums. A very good foundation for learning how to use TeleChart can be gained by reviewing the following:

If you are new to TeleChart READ THIS FIRST!

I really don't know what IBD uses for Momentum. The simplest type of Momentum would probably just be a Rate of Change. The Rate of Change Indicator built into TeleChart is a Net Change. You can create a Percent Change instead as a Custom Indicator (if you have a specific period in mind, we'll help you create it).

-Bruce
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dan22catman
Posted : Thursday, August 7, 2008 4:05:20 PM

Registered User
Joined: 10/7/2004
Posts: 3
Hi - Does anyone see this message? I have been a telechart  user since 1997 , I have come a long way since than. I have developed a very good  day trader system that has worked for me for 3 yrs now. Is there anyone interested in seeing what it is about?  email me at  ---(email removed by moderator). I will lead you to a place that will show you what i have been doing.

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