What is the Momentum indicator ...
//+------------------------------------------------------------------+
//| Momentum.mq4 |
//| Copyright © 2004, MetaQuotes Software Corp. |
//| http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2004, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net/"
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 DodgerBlue
//---- input parameters
extern int MomPeriod=14; //---- buffers
double MomBuffer[]; //+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name; //---- indicator line
SetIndexStyle(0,DRAW_LINE); SetIndexBuffer(0,MomBuffer); //---- name for DataWindow and indicator subwindow label
short_name="Mom("+MomPeriod+")"; IndicatorShortName(short_name); SetIndexLabel(0,short_name); //----
SetIndexDrawBegin(0,MomPeriod); //----
return(0); }
//+------------------------------------------------------------------+
//| Momentum |
//+------------------------------------------------------------------+
int start()
{
int i,counted_bars=IndicatorCounted(); //----
if(Bars<=MomPeriod) return(0); //---- initial zero
if(counted_bars<1)
for(i=1;i<=MomPeriod;i++) MomBuffer[Bars-i]=0.0; //----
i=Bars-MomPeriod-1; if(counted_bars>=MomPeriod) i=Bars-counted_bars-1; while(i>=0)
{
MomBuffer[i]=Close[i]*100/Close[i+MomPeriod]; i--; }
return(0); }
//+------------------------------------------------------------------+
