Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Lookback bars | 14 | 1 to 500 |
What it plots
Drawn in its own pane below the price chart, with its own scale.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Value | Percent | Line | after 14 candles |
Calculation notes
- Raw candle close-open gains as a percentage of total absolute movement over N valid bars. First value after N bars; an all-doji window is 50 by TraderAI convention. No daily reset. This is not RSI.
Questions
What are the default settings of Intraday Momentum Index?
The defaults are Lookback bars: 14. You can change every setting on the live chart.
Can I use Intraday Momentum Index for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.