Traders' Tips by Techniceal Analysis, Inc.
The feature article this month, “Optimizing momentum,” presents custom formulas for the Warren
momentum indicator (WAMI) for use in Equis MetaStock. Here are the custom formulas for a Microsoft
Excel spreadsheet (Figures 1 and 2) using the parameters L = 4, M = 13 and N =13. Column A is the
date, column B is the closing price of December 1993 copper futures and column C is the one-day
difference in price.