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		<title><![CDATA[Forex Software — Momentum working?]]></title>
		<link>https://forexsb.com/forum/topic/5470/momentum-working/</link>
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		<description><![CDATA[The most recent posts in Momentum working?.]]></description>
		<lastBuildDate>Thu, 16 Jul 2015 18:55:55 +0000</lastBuildDate>
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			<title><![CDATA[Re: Momentum working?]]></title>
			<link>https://forexsb.com/forum/post/30738/#p30738</link>
			<description><![CDATA[<p>Thank you Popov i am testing now.&nbsp; Cheers</p>]]></description>
			<author><![CDATA[null@example.com (muplayer2000)]]></author>
			<pubDate>Thu, 16 Jul 2015 18:55:55 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/30738/#p30738</guid>
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			<title><![CDATA[Re: Momentum working?]]></title>
			<link>https://forexsb.com/forum/post/30705/#p30705</link>
			<description><![CDATA[<div class="quotebox"><blockquote><p>IS the momentum logic functional?</p></blockquote></div><p>Yes, it is. Momentum is one of the simplest technical indicators and it is included in the core of the program since 2005. </p><p>Momentum calculates the difference between current price and a price n bars ago. It may smooth the calculated line if you provide an additional smoothing period.</p><p><a href="http://postimg.org/image/kt3g2hy2x/"><span class="postimg"><img src="http://s28.postimg.org/kt3g2hy2x/screenshot_4.jpg" alt="http://s28.postimg.org/kt3g2hy2x/screenshot_4.jpg" /></span></a></p><p>You strategy doesn&#039;t open trades because the Momentum indicator never reaches 100 on your data chart.</p><p>On the other hand the Momentum implementation of MT is not standard. It oscillates around 100 instead of 0.<br />Forex Strategy Builder Professional provides this functionality with the Momentum MT indicator. It is practically the same, but its values are shifted with 100 units upwards.</p><p>If you want matching same visual expression in MT and in FSB, you can use Momentum MT indicator instead of Momentum.</p><p><a href="http://postimg.org/image/j2kf10gjt/"><span class="postimg"><img src="http://s28.postimg.org/j2kf10gjt/screenshot_5.jpg" alt="http://s28.postimg.org/j2kf10gjt/screenshot_5.jpg" /></span></a></p><p>Momentum MT with Level = 100 may work as you expected. </p><p>Momentum MT with Level = 100 is equal to Momentum with Level = 0.</p><p>There is no explanation why MetaTrader desn&#039;t provide the standard Momentum indicator. </p><p>Wikipedia: <a href="https://en.wikipedia.org/wiki/Momentum_(technical_analysis)">Momentum (technical analysis)</a> <br />Formula: Mometum(t) = Close(t) - Close(t-n); </p><p>MetaTrader: <a href="http://ta.mql4.com/indicators/oscillators/momentum">Momentum</a><br />Formula: Mometum(t) = 100*Close(t)/Close(t-n);</p>]]></description>
			<author><![CDATA[null@example.com (Popov)]]></author>
			<pubDate>Wed, 15 Jul 2015 13:36:25 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/30705/#p30705</guid>
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			<title><![CDATA[Momentum working?]]></title>
			<link>https://forexsb.com/forum/post/30704/#p30704</link>
			<description><![CDATA[<p>I just checked the momentum logic just for testing if it work,</p><p>Open a new long position <br />Momentum* (Simple, Close, 14, 0) crosses the Level 100.0000 upward;</p><p>There was no chart generated with any results , also the EA did not execute an order when the logic condition occured in metatrader 4.</p><p>IS the momentum logic functional?</p>]]></description>
			<author><![CDATA[null@example.com (muplayer2000)]]></author>
			<pubDate>Wed, 15 Jul 2015 13:11:34 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/30704/#p30704</guid>
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