How does the momentum meter work?

[Rodríguez1988]

it's wrong to say it works with only one broker out of hundreds

[Agredritlan]

If we speak about stock, then momentum is the speed or velocity of price changes. Basically it shows investors the rate of change in price over a certain period of time to help them to determine the strength of a trend. If you're interested in how does it work then momentum measures the rate of the rise or fall in stock prices. The important moment here is to calculate when the prices are moving in a high velocity. Actually all investors wait for this moment. According to statistics momentum is very useful when the market is rising (bullish) and is less helpful when the market is going down (bearish).

[Sity1970]

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[Sity1970]

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[robert.miner]

There is momentum when we hope come true.

[Stuart7]

Apologies, I'm talking about the momentum meter indicator that can be downloaded from forexsignals.com here...

[anna.serea]

that momentum is important to our spirit in dealing with various problems.

[john.brave]

I'm also a newbie. to be honest I'm not familiar with all of this. can you help me to understand the material?

[Molly141]

Forgive the newbie ignorance but what is a momentum meter?

[Stuart7]

It appears the momentum meter only works on Blueberry Markets (please correct me if I'm wrong).
I want to code my own version, to incorporate into another indicator and use with a non-Blueberry broker.

How does it work?
A very basic explanation would be great. E.g. it monitors ema(8) and ema(21) on all markets and all timeframes, and then...

I appreciate it is proprietary IP, so if the answer is "we're not telling you" I'm fine with that.