Momentum
MOM measures the rate of change in prices over a specified period.
Method
tm.ta.mom(source, timeperiod)
Inputs
Parameter | Argument type | Description | Default Value |
---|---|---|---|
source | pd.Series | Input data series | - |
timeperiod | int | Number of periods for the indicator | 10 |
Outputs
Output | Type |
---|---|
mom | np.ndarray |
Example usage
import tradomate as tm
@tm.strategy()def my_strategy(config: tm.TradomateConfig, data: tm.TradomateData):
# Trying out Momentum mom = tm.ta.mom(data.close, timeperiod=10)
# Get the last value and print last_value = mom.iloc[-1] tm.log(f"Last value of Momentum is {last_value}")
# Plot the values of mom tm.plot(mom, title="Momentum", overlay=False)