Dynamic Momentum IndexTrading Indicator: Dynamic Momentum Index Created by: Brian Brown on March 3, 2010. The coding of this Technical Analysis function needed 28 lines of code. The indicator is called 'DynamicMomentum' and it is implemented using CSharp programming language. It has 3 variables. The different arguments are: period (Type: Number - Default Value: 13): Fixed DMI period, which is used to calculate the dynamic DMI period. StdDevperiod (Type: Number - Default Value: 8): Period used to calculate the standard deviation MAperiod (Type: Number - Default Value: 5): Period used to calculate the simple moving average of the standard deviation Example: p = DynamicMomentum(13, 8, 5); Formula to draw the trading indicator on a chart: Plot(DynamicMomentum(13, 8, 5), "Dynamic Momentum Index", colorRed); Future and Past Bars: The function does not use future bars. It requires zero past bars. Click on this link to download Dynamic Momentum Index Search terms used to find this trading item include Dynamic Momentum Index, dynamic momentum, dynamic momentum index indicator, momentum index canada, darvas box indicator for nifty The trading object is saved under the following categories: Technical Analysis Trading Indicators: Darvas Box Indicator Z-Score (Standard Score) Damping index Mahesh Moving Average Chaikin Volume Accumulation Oscillator Guppy Multiple Moving Average Oscillator GMMA - Guppy Multiple Moving Average Tom Demark -TD- Range Projections DeMark Range Expansion Index Market trading rules Moving Average: Rule-based Chande's & Kroll's R2 Indicator Chande's TrendScore News Sentiment Indicator Anchored Indicator Donchian Channels Relative Momentum Index End of Month Day of week and Week number function Day of week Average |
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