Abbreviation: NumPosNegMomDiff
Category: Advanced Change
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| Count Periods | Int >= 1 | 10 |
| Momentum Periods | Int >= 1 | 1 |
Calculation:
NumPosMom(X, n, M) – NumNegMom (X, n, M)
where
X = Time Series
n = Count Periods
M = Momentum Periods
NumPosMom represents Number Positive Momentum
NumNegMom represents Number Negative Momentum
Discussion:
Provides a comparison between the number of upward changes to the number of downward changes over the last n periods.