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Re: Price Momentum



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Spence,

It looks like the Slow Stochastic to me. Check it out and see if you agree.

Tom Strickland

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----- Original Message -----
From: "Spencer Brownell" <sab640@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Friday, February 01, 2002 9:02 AM
Subject: Price Momentum


> 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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