Exponential momentum of an EMA

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  • #175623 Report

    Hello, the momentum of an SMA is the MOM indicator … so MOM20 is the momentum of an SMA20. Is there also an exponential version of this for the EMA? Or is the RSI20 (50/50) ultimately the momentum of an EMA20?

    #175625 Report

    Momentum is just the difference of the closing price or any moving average now and x periods ago. So, for an EMA :
     

    The momentum indicator pre-programmed in PRT is not for a SMA ! It is only the difference of the closing price now and the closing price x periods ago ! So, in this case :

    #175631 Report

    Oh I see? But when you compare the PRT momentum with an SMA of the same period, it seems to indicate exactly what the SMA is doing.

    #175633 Report

    I don’t think so. Just display them all in a chart and compare the values manually.

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