Hello traders and developers!
I compared different techniques to get momentum of the series.
The 4 samples are:
1) Raw difference between price and price some bars ago
2) Built-in "change" function
3) Built-in "mom" function
4) Jedi's momentum - difference between current and previous SMA multiplied by it's period
All results are identical.
So, we have two...
Phase Change Index script.
This indicator was developed and described by M. H. Pee (Stocks & Commodities V.22:5 (28-37): Phase Change Index).
Other indicators of M. H. Pee:
![EURUSD: [RESEARCH] Momentum](https://s3.tradingview.com/v/VfFRUh91_mid.png "[RESEARCH] Momentum")
![EURUSD: [RS]Trend Slope Signal - 8bit](https://s3.tradingview.com/s/SjwwDvD3_mid.png "[RS]Trend Slope Signal - 8bit")
