What Is The Dynamic Momentum Index Indicator & How To Trade With It

Dynamic Momentum Index

Tushar Chande and Stanley Kroll developed the Dynamic Momentum Index indicator and published it in the Stocks and Commodities Magazine in 1993. The indicator can be applied to any market or trading instrument to help find potential trading signals. What is the Dynamic Momentum Index? The dynamic momentum index is a fast-response impulse indicator derived from the relative strength index or RSI. It can respond to changes in momentum faster than RSI and some other momentum indicators since it uses variable periods in its calculation, rather than a fixed number of periods used in RSI calculation. This can help forex …READ MORE