MetaStock Directional Movement Function and How It Works With the Momentum Indicator

MetaStock Directional Movement Function and How It Works With the Momentum Indicator
The momentum indicator is a leading indicator that measures a securities rate-of-change. In other words, it simply measures the amount a security price has moved over a specific time period. This value is normally expressed as a percentage. The ongoing plot forms an oscillator that moves above and below 100.