Table of Contents
Momentum
Parameters
Logical rules for Opening Logic Condition slot.
- Momentum rises;
- Momentum falls;
- Momentum is higher than the Level line;
- Momentum is lower than the Level line;
- Momentum crosses the Level line upward;
- Momentum crosses the Level line downward;
- Momentum changes its direction upward;
- Momentum changes its direction downward;
Logical rules for Closing Logic Condition slot.
- Momentum rises;
- Momentum falls;
- Momentum is higher than the Level line;
- Momentum is lower than the Level line;
- Momentum crosses the Level line upward;
- Momentum crosses the Level line downward;
- Momentum changes its direction upward;
- Momentum changes its direction downward;
List box parameters
- Smoothing method (Simple). The Moving Average method used for smoothing Momentum value. Options: Simple, Weighted, Exponential, Smoothed.
- Base price (Close). The price Momentum is based on. Options: Open, High, Low, Close, Median, Typical, Weighted.
Numeric box parameters
- Period (14). The period of Momentum. Minimum: 1, Maximum: 200.
- Additional smoothing (0). The period of additional smoothing. Minimum: 0, Maximum: 200.
- Level (0). A critical level (for the appropriate logic). Minimum: -100, Maximum: 100.