it's not going to change that quickly with the length and
smoothing. the slope has to go negative, it's still positive,
it's a 12 length with some smoothing so 1 day not enough data to
change that- just like having a 12 day MA, 1 day is likely not
going to cause its slope to reverse unless it was already flat
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Is the momentum indicator still
No Mean Reversion Systems nor volatility systems triggered today
Posted by simple_million on 16th of Jan 2025 at 04:16 pm
Is the momentum indicator still green?
it's not going to change
Posted by matt on 16th of Jan 2025 at 04:18 pm
it's not going to change that quickly with the length and smoothing. the slope has to go negative, it's still positive, it's a 12 length with some smoothing so 1 day not enough data to change that- just like having a 12 day MA, 1 day is likely not going to cause its slope to reverse unless it was already flat