Analysis Techniques & Strategies

$image\insert_paintbar.gif$ Momentum Increasing (PaintBar)

$image\momentum_increasing_pb.gif$

Input Information

Name	Expression	Default	Description
Price	Numeric	Close	Price value used to calculate momentum.
MomLength	Numeric	14	Number of bars used to calculate momentum.
MomAvgLength	Numeric	14	Number of bars used to average the momentum.

Momentum Increasing paints any bar whose momentum is increasing. Momentum Increasing might indicate the speeding up of a trend.