Stocks & Commodities V. 22:4 (74): Novice Traderís Notebook: Momentum by Amy Wu

Stocks & Commodities V. 22:4 (74): Novice Traderís Notebook: Momentum by Amy Wu
Item# \V22\C04\081NOVC.pdf
$2.95
Availability: In Stock

Product Description

Stocks & Commodities V. 22:4 (74): Novice Traderís Notebook: Momentum by Amy Wu

MOMENTUM

The momentum indicator was first presented in J. Welles Wilderís "New Concepts In Trading Systems" and has since become a popular technical tool. Price momentum is defined as the measure of velocity of price change or market speed. The difference method for calculating a momentum indicator is the following: have n be the time period (usually 14 days), then subtract the close n periods ago from the present close period. If both of these closing values are identical, then the difference is zero. If the present close is smaller than the previous close, the momentum will be negative. Likewise, if the present close is greater than the previous close, the momentum will be positive. This indicator is an oscillator because the values are determined by their place above, below, or on the zero line. Above the zero line, go long; below the zero line, go short.




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.




Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order