Linear Momentum

Momentum is the strength of an object that moves to a different place — this is my own definition. Momentum can be calculated with the following equation: momentum = mass x velocity. You should already know that velocity is the speed with direction. The shortest equation will be: p=mv where p is momentum, m is mass (in kg) and v is the velocity (in m/s).

Linear Momentum Implementation in MetaTrader Custom Indicator:

The following will explain why it’s called Linear Momentum in Forex:

• p = momentum;
• m = mass, converted into the volume of trade or tick; I would prefer to use tick volume because it’s easier to find tick information than the volume of all lots traded around the world;
• v = velocity, it’s a value taken from pips movement divided by timeframe (point/seconds, originally in m/s).