EVERYTHING ABOUT FOREX
Momentum is one of a frequently used technical analysis oscillators. Momentum indicators measure the velocity of price changes.
The formula is as follows:
Momentum = c * 100 / n
c = The latest closing price
n = Number of days
The Momentum oscillator produces buy and sell signals when it crosses above and below zero. Levels 120 and 80 stand for unlimited buy and sell signals. Sell signals is produced when the indicator crossovers 120 level from top to bottom and buy signal is generated when price breaks level 80 from bottom to top.
Momentum oscillator is calculated on a 100-point scale.
We invite you into the investment world of InvestAZ. You can follow the steps below to be an online investor with us.
Fill the demo account form to open an account and trade risk free positions.
You can apply to open a real account entering the world of investment.
After depositing the initial investment you can easily start to trade.