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Group:
The Investors Business Daily newspaper uses a Price Moementum oscillator on
its futures charts that seems very accurate for predicting trends. It is
described as the rate of change of the high, low, and close for the last 14
days and uses a %F and %S line. It is different from the Momentum indicator
in MetaStock.
Does anyone have a formula for this or recognize this oscillator?
Thanks,
Spence
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