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### Anchored Momentum for Metastock carla over 13 years ago Metastock

Rating:
Tags:
metastock, oscillator

Anchored Momentum, by Rudy Stefenel, is a modified momentum indicator to capture the relative momentum. Anchored momentum uses simple moving averages as the reference for deriving the momentum, thereby anchoring it to that MA rather than the “value of the close n bars back”.

Mr.Stefenel suggests using this like other oscillators — crossing signal line, crossing zero, divergences.

### Indicator / Formula

```MomPer := Input("Momentum Periods",1,1000,10);
SmaPer := Input("Simple Moving Average Periods",1,1000,7);
100 * ((CLOSE / Ref(Mov(CLOSE, SmaPer, S),((SmaPer- 1)/2) - MomPer)) - 1)```
```MomPer := Input("Momentum Periods",1,1000,10);
SmaPer := Input("Simple Moving Average Periods",1,1000,7);
EmaPer := Input("Exponential Moving AveragePeriods",1,1000,7);
100 * ((Mov(CLOSE, EmaPer, E) / Mov(CLOSE,(2 * MomPer)+ 1, S) )- 1)```
```MomPer := Input("Momentum Periods",1,1000,10);
SmaPer := Input("Moving Average Periods",1,1000,7);
100 * ((CLOSE / Mov(CLOSE, (2 * MomPer) +1, S) )- 1)```
```MomPer := Input("Momentum Periods",1,1000,10);
SmaPer := Input("Simple Moving Average Periods",1,1000,7);
EmaPer := Input("Exponential Moving AveragePeriods",1,1000,7);
100 * ((Mov(CLOSE, EMAPer, E) /
Ref(Mov(CLOSE,SmaPer,S), ((SmaPer - 1)/2) - MomPer)) - 1)```