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
Parameters
General
Input
Defines which database to use for calculating the indicator, specifically you can choose from: maximum, minimum, opening and closing.
Lenght
Period used for averaging.
Series
In the Series section you can set the colors and style of the indicator.
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