MOM (Momentum)

Indicator Description

MOM (Momentum) is a simple momentum indicator that measures price momentum by calculating the difference between the current price and the price n periods ago.

Function Information

• Function Name: MOM
• Input Parameters:
  • Close: Closing price
• Parameter Settings:
  • timeperiod: Calculation period, default 10
• Output: MOM value

Calculation Principle

MOM is calculated using the following formula:

MOM = Current Close - Close[n]

Where:

• Current Close is the current closing price
• Close[n] is the closing price n periods ago

Usage Scenarios

1. Momentum Analysis
2. Trend Confirmation
3. Trading Signal Generation
4. Market State Analysis

Usage Recommendations

1. MOM > 0 indicates upward momentum
2. MOM < 0 indicates downward momentum
3. Watch for zero-line crossovers
4. Pay attention to market environment changes