Re: momentum indicators, using also o-h-l

["Dan Harels" <harelsdb@xxxxxxxxxxx>]

Rudolf,

I am not sure I understand the difference between momentum and trend.  
Please explain.

Dan


>From: rudolf stricker <lists@xxxxxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: metastock@xxxxxxxxxxxxx
>Subject: Re: momentum indicators, using also o-h-l
>Date: Sun, 03 Feb 2002 17:37:48 +0100
>
>On Thu, 31 Jan 2002 06:09:07 +0000, you wrote:
>
> >Check your Metastock Manual for interpretation of Qstick.  It has about a
> >page of discussion.  The manual says that Qstick is the moving average of
> >the difference between the open and close.
>
>So Qstick seemingly is rather a trend indicator than a momentum
>indicator, (which I'm looking for, see the subject).
>Maybe, I should start with a given momentum indicator e.g. Chande's
>"Dynamic Momentum Index", and integrate o-h-l in an appropriate manner
>into it...
>
>Is the formula for the DMI available somewhere?
>
>mfg rudolf stricker
>| Disclaimer: The views of this user are strictly his own.


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