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MOMENTUM — Momentum Indicator Trading Series

The MOMENTUM trading series represents a simple momentum oscillator, calculating the difference between the current price and the price length periods ago.

It is built upon the Momentum indicator implementation from the indicators module.

Parameters

MOMENTUM(
    ticker: str,
    source: SourceType = SourceType.CLOSE,
    length: int = 10
)
  • ticker (str): Asset ticker symbol (e.g., "AAPL").
  • source (SourceType): Price source for calculation. Default is SourceType.CLOSE. Supported sources are linked here.
  • length (int): Lookback period for momentum calculation. Default is 10.

Description

  • Positive values indicate upward momentum.
  • Negative values indicate downward momentum.
  • Useful for identifying trend strength and direction.

Example Usage

MOMENTUM(
    ticker="AAPL",
    source=SourceType.CLOSE,
    length=10
)