A trend oscillator. It is calculated by the following formula:
SMA(3) of EMA (66) of ( Momentum[period] - Momentum[period-1] )
It has four configurable parameters:
- Period of momentum - momentum calculation period;
- Primary smoothing period - EMA smoothing period (66);
- Secondary smoothing period - SMA smoothing period (3);
- Applied price - price used for calculating the momentum.
