Momentum

The Momentum indicator is one of the most popular oscillators of technical analysis. It shows the price change rate and is one of the simplest and most efficient tools of technical analysis.


Indicator view on the chart.


To add and set up this indicator , open the settings window.



Common.

Sourse - setup of the indicator calculation parameters: 

  • Open
  • High
  • Low
  • Close
  • Volume

Period - setup of the indicator calculation period. 

Drawing.

Panel - setup of the indicator calculation period. 

  • New panel/the new Panel.
  • Chart/Graph.

Momentum

Show value - display of the indicator value on the left on the price scale. 

Scale - if this option is on, the scale is calculated automatically based on the minimum and maximum values of the indicator to fit the latter in the chart.

Color - color setup of the indicator. 

Visual type – visual setup of the indicator display on the chart:

  • Line
  • Histogram
  • Hash
  • Block
  • Cross
  • Square
  • Dots
  • Up arrow
  • Down arrow
  • Axis label
  • Hide

Line style - setup of the line display: 

  • Solide
  • Dash
  • Dash-dot
  • Dash-dot-dot

Width - width setup for the indicator line.