1. Period: To specify the number of days used in calculating the
Momentum, or MOM, indicators simply click on the box, highlight the
current number, and type in a new value. Be sure to click on "OK" to
save your changes.
2. Style & Color: The Momentum Indicator line (when displayed as a
line graph) can be displayed as a Solid, Dashed, or Dotted line. Click
on the drop down menu to specify the type of line style desired. Click
on the color box next to the drop down menu to change the color of the
line.
3. Show Momentum As:
a. Histogram Graph: Momentum represented as a Time Progression
Bar Chart.
b. Line Graph: Momentum represented as Lines.
4. MOMMA: Momentum Moving Average. This is a moving average of the
Momentum line.
5. To display the Buy signal the MOM line needs to cross above the
MOMMA line and to display a Sell signal the MOM line needs to cross
below the MOMMA line. If the MOMMA line style is "None", then the
buy/sell arrows will not be displayed. The drop-down menu for Show
Buy/Sell Arrows allows you to select either "Always Show Arrows" or
"Only When Indicator is Visible" to view the buy/sell signals, or "Never
Show Arrows" to never see the MOM arrows.
6. To Display the indicator in the chart window, click the check
box. Once the box is checked you may also select the box to display the
MOMMA Indicator.
7. Ruler Bar: See the Ruler Bar section at the end of this
chapter.
8. Preview Window: This window allows you to make changes and
preview them before saving them.
9. Click on "Apply to Active Charts" if you would like to see your
selected settings on all the charts you open. Click on "Restore Factory
Defaults" if you would like to restore original software settings.
10. Help: Information from the manual has been integrated into the
software. When clicking on the "Help" button you will get specific
documentation based on the location of the button. You may also press F1
on your keyboard to access this information.
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