Syntax
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Public Function MomentumOscillator(applyTo As ENUM_APPLIED_PRICE, period As Integer) As String |
The momentum indicator calculates change of over a specified length of time as a ratio.
Increasingly high values of the momentum oscillator may indicate that prices are trending strongly upwards.
The momentum oscillator is closely related to MACD and Price Rate of Change (ROC).
Parameters
| Key | Description |
| applyTo | The value can be one of ENUM_APPLIED_PRICE |
| Period | Period as integer value |
Return value
Returns the handles of a technical indicator, in case of failure returns a empty string.
See Also