.

Velocity - Momentum & ROC Indicators

Moderators: mntiwana, mrtools

Velocity - Momentum & ROC Indicators

#1
As Velocity and Momentum Indicators belongs to same family indicators so going to combined these and posting in one common thread
Some description and explanations by MLADEN,what are these about and how they work/perform
Momentum wrote: Momentum (MTM) and rate of change (ROC) are simple technical analysis indicators showing the difference between today's closing price and the close N days ago. Momentum is the absolute difference in stock, commodity:
momentum 1.JPG
momentum 1.JPG (9.94 KiB) Viewed 3959 times
Rate of change scales by the old close, so as to represent the increase as a fraction,
momentum 2.JPG
momentum 2.JPG (11.04 KiB) Viewed 3959 times
"Momentum" in general refers to prices continuing to trend. The momentum and ROC indicators show trend by remaining positive while an uptrend is sustained, or negative while a downtrend is sustained.

A crossing up through zero may be used as a signal to buy, or a crossing down through zero as a signal to sell. How high (or how low when negative) the indicators get shows how strong the trend is.

The way momentum shows an absolute change means it shows for instance a $3 rise over 20 days, whereas ROC might show that as 0.25 for a 25% rise over the same period. One can choose between looking at a move in dollar terms, relative point terms, or proportional terms. The zero crossings are the same in each, of course, but the highs or lows showing strength are on the respective different bases.

The conventional interpretation is to use momentum as a trend-following indicator. This means that when the indicator peaks and begins to descend, it can be considered a sell signal. The opposite conditions can be interpreted when the indicator bottoms out and begins to rise.[1] Momentum signals (e.g., 52-week high) have been shown to be used by financial analysts in their buy and sell recommendations.[2]
velocity 2 + mtf & alerts nmc
The version Velocity 2 mtf alerts with color changes on slope change and alerts on slope change - mtf too and usual prices
Attachments
AUDUSDH1-veloc.png
velocity 2 + mtf & alerts nmc.mq4
(8.19 KiB) Downloaded 573 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


Re: Velocity and Momentum Indicators

#2
velocity 2.02 (averages) + mtf alerts nmc
This version of Velocity 2.02 that can use 20 types of Averages for smoothing (instead of using only super smoother) - alerts and mtf included - usual prices
Attachments
image_181560.gif
AUDUSDH1.png
velocity 2.02 (averages) + mtf alerts nmc.mq4
(28.54 KiB) Downloaded 465 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

Re: Velocity and Momentum Indicators

#3
StepMA of velocity 2 mtf + alerts
This version of Step MA of Velocity upgraded by MRTOOLS with interpolated mtf and alerts - also made the step multiplier automatic
Attachments
image_174598.png
AUDUSDH1-stepmaveloc2.png
StepMA of velocity 2 mtf + alerts.mq4
(11.02 KiB) Downloaded 546 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

Re: Velocity and Momentum Indicators

#4
momentum - atr normalized - nl smoothed nmc
As one of our member was asking for ATR momentum,so here is that one too - updated normalized on lag ma smoothed ATR momentum
Momentum smooth values - usual prices and levels options
Attachments
AUDUSDH1.png
momentum - atr normalized - nl smoothed nmc.mq4
(3.7 KiB) Downloaded 357 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


Re: Velocity and Momentum Indicators

#6
momentum - atr normalized histo
ATR normalized Momentum made with an addition of histogram - one extra feature "momentum smooth mode"
the rest is same to previous version
in picture the lower sw
Attachments
AUDUSDH1.png
momentum - atr normalized histo.mq4
(2.16 KiB) Downloaded 430 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

Re: Velocity and Momentum Indicators

#8
mntiwana wrote:
Sat May 13, 2017 5:01 am
momentum - atr normalized histo - nlm smoothed
And the ATR Normalized Momentum using non lag ma for smoothing
usual prices - smooth values and levels options
thank you for this :-) have a nice weekend
Regards Markus

Re: Velocity and Momentum Indicators

#9
T3 velocity mtf nmc
This is T3 Velocity indicator with usual prices and mtf
Attachments
AUDUSDH1.png
Untitled.png
T3 velocity mtf nmc.mq4
(6.43 KiB) Downloaded 441 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

Re: Velocity and Momentum Indicators

#10
T3 Velocity Burst nrp + lines
This is T3 Velocity burst - added nrp slope coloring and 20 price options by MRTOOLS - user friendly - levels
Attachments
image_187107.png
AUDUSDH1.png
T3 Velocity Burst nrp + lines.mq4
(12.4 KiB) Downloaded 379 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


Who is online

Users browsing this forum: babalo, camisa, CommonCrawl [Bot], DotNetDotCom.org [Bot], Facebook [Bot], kvak, mrtools, piphunter, Steam1, talaate, tommo78 and 33 guests