It is calculated as follows:

MA(today) - MA(yesterday)

The calculation is based on a moving average with a preset period, method and calculation price.

The indicator has four main input parameters:

• Period of MA - MA period for calculation;
• Calculation method - MA calculation method;
• Applied price - MA calculation price;
• Vertical shift - vertical shift of each symbol's momentum lines relative to each other.

Extra:

• Eight parameters to specify symbol names;
• Eight parameters to set the colors of momentum lines.

Fig.1 Period M1, shift 2

Fig.2 Period M1, shift 20