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Date/Time: Wed, 24 Apr 2024 12:05:29 +0000



Delta Momentum

View Count: 1966

[2019-09-03 19:08:46]
User392279 - Posts: 67
Hi, I'm looking for Delta momentun for Sierra Chart? Would be nice have it built in:) thanks

https://ninjatraderecosystem.com/user-app-share-download/delta-momentum-for-nt-8/
[2019-09-03 19:26:48]
Ackin - Posts: 1865
Hi try this:

Menu/Analysis/Studies - Add Custom study -> User Contributed Studies .... DeltaMomentum

Perhaps it helped you.
[2020-06-11 12:53:02]
chart_warrior - Posts: 96
How does DeltaMomentum differentiates from Momentum study based on cumulative delta?
[2020-06-11 13:59:39]
Ackin - Posts: 1865
How does DeltaMomentum differentiates from Momentum study based on cumulative delta?
One of several differences is in bars where there is a GAP between Close [-1] and Open. Otherwise, it's almost the same
[2020-06-11 14:20:39]
chart_warrior - Posts: 96
So delta momentum is slightly better perhaps?
Also, what length is used in that study? Momentum study has a length option
[2020-06-11 14:38:57]
Ackin - Posts: 1865
what length is used in that study?
I think "1"

So delta momentum is slightly better perhaps?
It is probably very individual according to the needs of everyone what is better. It is another interpretation that suits some in this form and not others.

My opinion (I don't force to anyone): that the volume period is misleading in cumulation if High or Low is in the middle of the period. The "extreme value" is lost there....... I think it's more appropriate to use signals from studies like Zig Zag or Swing H / L. Just my opinion ....
Date Time Of Last Edit: 2020-06-11 15:09:50
[2020-11-16 18:20:38]
User316362 - Posts: 210
can anyone share the code for "DeltaMomentum"?
[2022-06-26 10:50:21]
Ed C. - Posts: 98
can anyone share the code for "DeltaMomentum"?

It's in the UserContributedStudies.cpp file in the ACS_SOURCE directory that comes with Sierra Charts.

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