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.

C# source code: Momentum.

MQL source code: Momentum.