Xceed Chart for WinForms v4.4 Documentation
Welcome to Xceed Chart for WinForms v4.4 / User Guide / Data Manipulation / Functions / Momentum Div
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    Momentum Div
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    Syntax

    MOMENTUMDIV(A1; period)

    Arguments

    A1 must be an array.
    The 'period' argument must be a constant greater than or equal to 1.

    Result

    The result is an array.
    The first 'period' elements are marked as invalid.

    Description

    The Momentum Division function is similar to the Momentum indicator. It calculates the ratio between a current value and the value that is 'period' days before the current value. The formula of the Momentum Division is:  

    MomentumDiv[n] = 100 * A1[n] / A1[n - period]

    Related Examples

    Windows Forms: Directional Movement\Functions\Momentum