OPEN-SOURCE SCRIPT

[RESEARCH] Momentum

Hello traders and developers!

I compared different techniques to get momentum of the series.

The 4 samples are:
1) Raw difference between price and price some bars ago
2) Built-in "change" function
3) Built-in "mom" function
4) Jedi's momentum - difference between current and previous SMA multiplied by it's period

All results are identical.

So, we have two built-in functions that do the same thing: "change" and "mom". For brevity it is better to use "mom" when you need to get momentum of the series.

Good luck!
changeMOMMomentum Indicator (MOM)Oscillatorsresearch

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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