Abbreviation: CumAbsMom
Category: Advanced Change
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| Cumulative Periods | Int >= 1 | 10 |
| Momentum Periods | Int >= 1 | 1 |
Calculation:
Cumulative of Abs(Momentum(X, M)) over the last n periods
where
X = Time Series
n = Cumulative Periods
M = Momentum Periods
Momentum represents Momentum
Abs represents Absolute Value
Discussion:
Provides a measure of the total magnitude of changes (both upward and downward) over the last n periods.