mom

Change (Difference from historical value)

mom(source, length)

Parameters

Name Type Description
source field Data series
length int Periods to look back

Formula

mom = source - source[length]

Examples

mom(close, 1) > 0;               // positive gain from prior bar
mom(high, 5) < 0;                // lower high from 5 bars ago
mom(volume, 10) >= volume[10];   // volume more than doubled from 10 bars ago

Returns

float

Range

length must be 1-400

Notes

Functionally identical to change(); provided under momentum-indicator naming