• Registered: 2013-10-16
  • Posts: 21

Topic: Momentum level

I cannot make a momentum level value of 101.0000
Why is this?
I can decrease it all the way down to 1.
How does your momentum indicator work? Is the mean value 50? Normally the mean is 100 for momentum.

  • footon
  • footon
  • ◄≡≡≡►
  • Offline
  • Registered: 2009-08-17
  • Posts: 2,969

Re: Momentum level

You can decrease it all the way down to -100. Momentum's level range is from -100 to 100 with 4-digit accuracy (e.g 0.0001)

Momentum in FSB works like this:

adMomentum[iBar] = adBasePrice[iBar] - adBasePrice[iBar-iPeriod];
  • Registered: 2013-10-16
  • Posts: 21

Re: Momentum level

Ok a little different. I'll have to experiment with it. Thanks again, Footon.