iMomentum

Calculates the Momentum indicator and returns its value.

double  iMomentum(
   string       symbol,           // symbol
   int          timeframe,        // timeframe
   int          period,           // averaging period
   int          applied_price,    // applied price
   int          shift             // shift
   );

Parameters

symbol

[in] Symbol name on the data of which the indicator will be calculated. NULL means the current symbol.

timeframe

[in] Timeframe. It can be any of ENUM_TIMEFRAMES enumeration values. 0 means the current chart timeframe.

period

[in] Averaging period (amount of bars) for calculation of price changes.

applied_price

[in] Applied price. It can be any of ENUM_APPLIED_PRICE enumeration values.

shift

[in] Index of the value taken from the indicator buffer (shift relative to the current bar the given amount of periods ago).

Returned value

Numerical value of the Momentum indicator.

Example:

if(iMomentum(NULL,0,12,PRICE_CLOSE,0)>iMomentum(NULL,0,20,PRICE_CLOSE,0)) return(0);