Modified on Mon, 08 May 2023 at 07:13 PM

The Momentum indicator is one of the most popular oscillators of technical analysis. It shows the price change rate and is one of the simplest and most efficient tools of technical analysis.

Indicator view on the chart.

To add and set up this indicator, open the settings window.

Moving average.

Show SMA - display the moving average together with the indicator.

Period - moving average period setting.


Source - setup of the indicator calculation parameters: 

  • Open
  • High
  • Low
  • Close
  • Volume

Period - setup of the indicator calculation period. 


Panel - setup of the indicator calculation period. 

  • New panel.
  • Chart.


Show value - display of the indicator value on the left on the price scale. 

Scale - if this option is enabled, the scale will be automatically calculated based on the minimum and maximum values of the indicator in order for the indicator to fit on the chart.

Color - color setup of the indicator. 

Visual type – visual setup of the indicator display on the chart:

  • Line
  • Histogram
  • Hash
  • Block
  • Cross
  • Square
  • Dots
  • Up arrow
  • Down arrow
  • Axis label
  • Hide

Line style - setup of the line display: 

  • Solid
  • Dash
  • Dash-dot
  • Dash-dot-dot

Width - width setup for the indicator line. 

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