Momentum

  • It is green when linear regression of momentum is increasing, and red when decreasing.
  • Editables: You can change the lookback period in settings. In general, choose a bigger number if you prefer longer term trade and vice versa.
  • Alarms: You can set alarms “moving up” and “moving down” in the alarm section.

The rate of acceleration for a security’s price or volume. Momentum can be used to gauge the strength of a move. Typically when momentum is high, a market trend is likely to remain moving in the same direction.