Momentum.MomentumIndicator Method

We evaluate the n-period momentum which is simply the difference between todays closing price and the close price n periods ago.

public double MomentumIndicator(
double close,
double nperiodPrice
);

Parameters

close: The last closing price of the asset considered.
nperiodPrice: The closing price of the asset considered n periods ago.

Return Value

The double value of the n-period momentum for todays closing price.

Remarks

The momentum indicator as the name suggests is the velocity with which the price is rising or falling, and hence will reflect how aggressively the asset is being purchased or sold.

Extended values and/or turning points of the momentum are good indicators of oversold or over brought conditions (respectively).

Exceptions

Exception Type	Condition
ArgumentException	Thrown if either parameter is strictly negative.

Momentum.MomentumIndicator Method

Parameters

Return Value

Remarks

Exceptions

See Also