fxcodebase-backup
Volume Price Momentum Oscillator
Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=66460
Forum: 48 · Topic 66460 · 1 post(s)
Volume Price Momentum Oscillator
Alexander.Gettinger · Tue Aug 07, 2018 12:03 pm
Colby (in his book The Encyclopedia of Technical Market Indicators, 2nd. ed., McGraw-Hill, 2003, pg. 774) notes that “As with simple momentum indicators generally, when the n-period exponential moving average of V*PMO is positive, momentum is bullish, so we buy, entering or initiating a long position.”
Download: