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Price Momentum Oscillator
This is a price momentum oscillator for ThinkorSwim. It is computed by taking the rate of change over N bars, then smooths that with an averaging function. In this case, it uses the Hull Moving average with a given period M.

It can be used as an indicator of relative strength, internal strength or price movement.

The indicator is a txt file, so you can either copy/paste the content into a new study in ToS or rename the file to a .ts extension and import it.

Category The Elite Circle 
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Details: Price Momentum Oscillator
Category: The Elite Circle 

April 6th, 2010
Size: 271 bytes
Downloaded: 209 times

Keywords: momentum oscillator price thinkorswim


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