Formula Intraday Momentum Indicator
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Formula per MetaStock®:
100*sum((if((C-O),>,0,(C-O),0)),14)/(sum((if((C-O),>,0,(C-O),0)),14)+sum((if((C-O),<,0,abs((C-O)),0)),14))
Formula per MetaStock®:
100*sum((if((C-O),>,0,(C-O),0)),14)/(sum((if((C-O),>,0,(C-O),0)),14)+sum((if((C-O),<,0,abs((C-O)),0)),14))