Stock Portfolio Organizer
The ultimate porfolio management solution.
#1 Selling Amibroker Plugin featuring:
BODY Momentum by Perry Kaufman for Metastock
Body Momentum is a trading indicator described in Perry Kaufman’s book. It is an oscillator type indicator that moves between 0 and 100 and computes the percentage of bars that closed above the open price (white/green candle) during a specific period.
A period of 10 and a value of 100 for the body momentum indicator indicate that for the past 10 bars, the stock has always closed above its open price.
Indicator / Formula
Please login here to leave a comment.Back