Syntax

MOMENTUMDIV(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 Division function is similar to the Momentum indicator. It calculates the ratio between a current value and the value that is 'period' days before the current value. The formula of the Momentum Division is:  

MomentumDiv[n] = 100 * A1[n] / A1[n - period]

Related Examples

Windows Forms: Directional Movement\Functions\Momentum