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I’m interested in a momentum indicator Rate this Topic:
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Runner777
Posted : Monday, April 10, 2006 10:35:04 PM
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Joined: 7/30/2005
Posts: 51
I need some help in trying to figure out this formula.. Here are the parameters.

Subtract the closing price 10 days ago from the last closing price.
M=V-V10

Thank you
Runner777
Posted : Monday, April 10, 2006 10:37:32 PM
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Joined: 7/30/2005
Posts: 51
I should mention I wish to use this as an indicator!!
Doug_H
Posted : Monday, April 10, 2006 10:40:11 PM


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Joined: 10/1/2004
Posts: 4,308
QUOTE
Subtract the closing price 10 days ago from the last closing price.


C-C10

Plot this as a custom indicator, and check the Plot Using Price Scale box.


- Doug
Teaching Online!
Runner777
Posted : Monday, April 10, 2006 10:45:57 PM
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Joined: 7/30/2005
Posts: 51
Thanks very much Doug!!
Doug_H
Posted : Monday, April 10, 2006 11:02:28 PM


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Joined: 10/1/2004
Posts: 4,308
My pleasure.

- Doug
Teaching Online!
Craig_S
Posted : Tuesday, April 11, 2006 9:22:30 AM


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Posts: 18,819
...You can just use a Price Rate of Change of 10.

- Craig
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