Syntax

MOMENTUM(A1; period)

Arguments

A1 must be an array.
The 'period' argument must be a constant greater than or equal to 1.

Result

The result is an array.
The first 'period' elements are marked as invalid.

Description

The Momentum indicator measures the amount that a security's price has changed over a given time span. It can be used as a trend-following oscillator similar to the MACD or as a leading indicator. The formula of the momentum is: 

Momentum[n] = A1[n] - A1[n - period]

Related Examples

Windows Forms: Data Manipulation\Functions\Momentum