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On Mon, 04 Feb 2002 17:34:44 +0000, you wrote:
>I am not sure I understand the difference between momentum and trend.
>Please explain.
In the meantime, Steve and Bill have given better explanations than I
could provide, beside of quoting the MS manual:
"Trend is a term used to describe the persistence of prices to move in
one direction"
"Momentum is a term used to describe the speed at which prices move
over a given time period"
But what about my question of where to find the formula for Chande's
"Dynamic Momentum Index"?
Or should I use another momentum indicator to integrate o-h-l?
Any idea?
mfg rudolf stricker
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