Hello coding expert friends,
Would you please to help me to code an indicator as shown in the below picture?
Thanks
Hello coding expert friends,
Would you please to help me to code an indicator as shown in the below picture?
Thanks
Hello The Metatrader Momentum is a rate of change .
You can use it with period = 1.
Momentum is calculated as a ratio of today’s price to the price several (N) periods ago.
MOMENTUM = CLOSE(i)/CLOSE(i-N)*100
thanks for your kind reply.
Regards,