Flexible Momentum

Category: momentum, volatility

Measures price change in points and percentage over a fixed lookback period in seconds, using tick-level precision to identify rapid momentum bursts.

Formula

\text{Momentum}_{points} = |P_{current} - P_{n\_seconds\_ago}| \times 10^{\text{digits}} \\ \text{Momentum}_{\%} = \frac{|P_{current} - P_{n\_seconds\_ago}|}{P_{n\_seconds\_ago}} \times 100

Inputs

• Seconds (default: 10)
• ThresholdPoints (default: 30)
• ThresholdPercentage (default: 0.02)
• PriceToUse (default: ENUM_PRICE_BID)
• AlertBehaviror (default: ENUM_ALERT_BEHAVIOR_NONE)

See signal primitives and every published strategy that uses Flexible Momentum on WOBR StrategyVerse.