Momentum
MomentumOwn panel belowThe plain difference between price now and price N bars ago.
What it looks like
Drawn by running the real calculation over one sample series. Open a symbol and it is recalculated on that symbol's bars.
How to read it
Above zero means it rose over that span, and a growing value means the rise is picking up pace. It is the simplest momentum measure and often feeds other indicators.
Where it misleads
It is a price difference, not a percentage, so expensive symbols show bigger numbers — do not compare across symbols.
Default settings
You can change these on the chart. These are the values it starts with.
In SQMATE
One tap to add
Open a symbol, tap the name in the indicator list and it is drawn straight away. You can stack several copies of the same indicator with different settings.
Recalculated per timeframe
Switch between minute, hourly, daily, weekly or monthly bars and it is recalculated on that timeframe. The maths runs over every bar loaded, so zooming never moves the line.
Use it as a search condition
Some indicators can also be used as an axis when searching for symbols — for example, keeping only symbols above a given reading, scanned every night.
Related indicators
- Rate of ChangeThe percentage change from N bars ago to now.
- Ultimate OscillatorA 0–100 reading that blends short, medium and long windows at once.
- Awesome OscillatorThe gap between a short and a long average, drawn as bars.
- Accelerator OscillatorWhether the Awesome Oscillator itself is speeding up or slowing down.
- TRIXThe rate of change of a triple-smoothed average.
- True Strength IndexPrice change smoothed twice to measure the strength of direction.
Every indicator is an observation computed from past bars. It does not tell you future prices and it is not investment advice.