Hello. How could I compare to whether the Momentum indicator is above or below a media of "x" periods?
Thank you!!!
Hello. How could I compare to whether the Momentum indicator is above or below a media of "x" periods?
Thank you!!!
what is median of "x" periods?
I'm afraid there is no elegant solution to finding median.
For measuring volatility, my way is to compare a fast volatility to slow volatility, for example a formula block with 21-period standard deviation divided by 144-period average true range. This gives a ratio of around 0.5 - 3 and that is enough momentum info for my projects.
@roar Great!!! I will do this. Thank you!!!