Blog : MOM - Momentum Indicator
MOM - Momentum
Momentum measures the rate of acceleration of a security's price and/or volume. It is a technical analysis indicator and oscillator used to determine market trends. While the term "momentum" can broadly refer to the speed of market movement, the Momentum indicator specifically analyzes these changes to help traders identify potential trend directions and reversals.
Momentum Inputs | |
---|---|
Length | 10 |
Source | close |
Long - Entry Trigger | Long - Exit Trigger | Short - Entry Trigger | Short - Exit Trigger |
---|---|---|---|
Momentum crossover 0 | Momentum crossunder 0 | Momentum crossunder 0 | Momentum crossover 0 |
Long - Entry Confluence | Long - Exit Confluence | Short - Entry Confluence | Short - Exit Confluence |
Momentum > 0 and Momentum > Previous Momentum | Momentum < 0 and Momentum < Previous Momentum | Momentum < 0 and Momentum < Previous Momentum | Momentum > 0 and Momentum > Previous Momentum |