NinjaScript > Language Reference > Common > System Indicator Methods

Description

By measuring the amount that a security's price has changed over a given time span, the Momentum indicator provides an indication of a market's velocity and to some degree, a measure of the extent to which a trend still holds true. It can also be helpful in spotting likely reversal points.

Syntax

Momentum(int period)
Momentum(ISeries<double> input, int period)

Returns default value

Momentum(int period)[int barsAgo]
Momentum(ISeries<double> input, int period)[int barsAgo]

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

Parameters

input	Indicator source data (?)
period	Number of bars used in the calculation

Examples


// Prints the current value of a 20 period Momentum using default price type double value = Momentum(20)[0]; Print("The current Momentum value is " + value.ToString()); // Prints the current value of a 20 period Momentum using high price type double value = Momentum(High, 20)[0]; Print("The current Momentum value is " + value.ToString());

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.