FTB-C000445 / Formula component

Absolute Price Momentum

Absolute Price Momentum is the absolute value of signed close-to-close momentum.

Also known asabsolute momentum

Definitions

In plain terms

It provides a nonnegative movement-magnitude input for the TSI denominator.

Technical

The calculation inherits the signed momentum's field, ordering, adjustment basis, gaps, and missing-value policy.

Scope

It removes direction but does not measure volatility over a window by itself.

Formula

Absolute momentum = abs(momentum)
LaTeX: AM_t=|M_t|
SymbolMeaningUnit
M_tsigned price momentumprice

Output unit: price

Examples

  • A governed lesson calculates or identifies Absolute Price Momentum only after its inputs, window, state, scale, and edge cases are declared.

Common misconceptions

  • It removes direction but does not measure volatility over a window by itself.

Concept relationships

Where this concept is used

Evidence and governance

  1. True Strength Index TA-Lib · first party technical publication

    Supports: preferred label, short definition, technical definition, formula

    Limits: Long/short ordering, EMA seeds, warm-up suppression, optional signal line, and zero denominator vary by implementation.

Reviewed by
fintech-builder-batch-008
Last reviewed
2026-07-29
Next review
2027-07-29
Record status
published