Technical Studies Reference
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Momentum
This study calculates and displays the Momentum of the data specified by the Input Data Input.
Let \(X\) be a random variable denoting the Input Data, and let \(X_t\) be the value of the Input Data at Index \(t\). Let the Input Length be denoted as \(n\). The Momentum at Index \(t\) for the given Inputs is denoted as \(M_t(X,n)\), and we compute it for \(t \geq n\) as follows.
\(M_t(X,n) = \displaystyle{\frac{X_t}{X_{t - n}}}\cdot 100\)Inputs
Spreadsheet
The spreadsheet below contains the formulas for this study in Spreadsheet format. Save this Spreadsheet to the Data Files Folder.
Open it through File >> Open Spreadsheet.
*Last modified Wednesday, 03rd January, 2018.