The Momentum indicator is a technical analysis indicator that measures the speed or pace of an asset's price movements. The main objective is to assess how fast a price is changing from a previous period, providing information about the strength of a trend and signaling potential reversals. Momentum is particularly useful for identifying the acceleration or deceleration phases of a trend.

INDEX

• Settings-of-Use
  • Parameters
  • Series

  

  Setting Usage

  Clicking on the indicator settings icon will open its configuration window, within which you can make several choices regarding the indicator's functionality.

  
  

  Parameters

  

  The Parameters section is divided into two sub-sections:

  • General: where you can change the data base and indicator periods.
  • Average: where you can enable the average, choose its type and periods.

  
  

  Series

  In the series section you can change colors and style of the indicator and its reference average.