Momentum (MOM)

Category: momentum

Calculates the absolute difference between the current price and the price n-periods ago to measure the velocity of price changes.

Formula

MOM = Source_t - Source_{t-n}

Inputs

• i_length (default: 10)
• i_source (default: close)

See signal primitives and every published strategy that uses Momentum (MOM) on WOBR StrategyVerse.