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Date/Time: Thu, 16 Jan 2025 03:01:49 +0000



Post From: Momentum Study with Moving Average as Histogram

[2017-09-26 23:38:50]
BenjaminR - Posts: 170
There is currently no draw style for Momentum studies which would draw the momentum line similar to the type of oscillator style histograms seen in MACD, for example (of course, oscillating around the 100.000 level).

Many users like myself might find it much easier to read and recognize changes we look for in relation to the Moving Average. Moreover, it also makes the study more distinguishable from the many other studies that also use the line method by default, when a chart has multiple studies.

http://www.sierrachart.com/image.php?Image=1506468938320.png

I have also attached an example from another platform to to illustrate visually.

Please consider adding this option.

Thank you,

Ben
image6CZ7 - Canadian Dollar - Dec 2017 - 1 Minute - MOMENTUM INDI.png / V - Attached On 2017-09-26 23:38:16 UTC - Size: 21.8 KB - 638 views