Technical Q: Strength, Velocity, Speed: "really" different from Momentum?

NexusFi · 2020-09-19T14:24:39-04:00

Hi all, this may start a technical debate but i hope the thread at the end will be a useful reference to others later.. i spend a lot of time creating chart setups that can reveal to me the price action and help me predict where the price will go next (ok, we all do that), then take that setup if i like it and pack it into a custom indicator that can trigger signals, alerts.. basically interprest a complicated/crowded charts and lines, MA's, channels...etc into a simpler visual that can support a trade …

Discussion in Traders Hideout

Updated September 19, 2020

Technical Q: Strength, Velocity, Speed: "really" different from Momentum?

September 19th, 2020, 02:24 PM

#11 (permalink)

SMCJB

Houston TX

Legendary Market Wizard

Experience: Advanced

Platform: TT and Stellar

Broker: Advantage Futures

Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.

Frequency: Many times daily

Duration: Never

Posts: 5,049 since Dec 2013

Thanks Given: 4,388

Thanks Received: 10,207

Chartchecker

Try a little physics to get accurate price action insight.

Strength and mass - momentum and velocity - volume and speed - they all correlate to arrive at price and time.

My physics is extremely rusty - enjoyed the video though. Must be a weird moon that has no gravity!

So how would this apply to price action? Total Force Applied = Mass times change in velocity. I can see where you might exchange mass for volume, and price change for velocity change to get a Volume Weighted Price Change which I guess is like a second derivative of VWAP, which I suppose could be used as a indicator. Is that what you meant?