- December 4, 2013
- Posted by: Forex Wiki Team
- Category: FX Ind
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Author: | MetaQuotes (2005.11.29 12:54) | ||
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The Momentum Technical Indicator measures the amount that a security’s price has changed over a given time span. There are basically two ways to use the Momentum indicator:
As a market peaks, the Momentum indicator will climb sharply and then fall off — diverging from the continued upward or sideways movement of the price. Similarly, at a market bottom, Momentum will drop sharply and then begin to climb well ahead of prices. Both of these situations result in divergences between the indicator and prices. Calculation Where: Technical Indicator DescriptionFull description of Momentum is available in the Technical analysis: Momentum |