Momentum (10-bar price difference)Momentum

Timeframe M1 · unit pts

What it measures

The 10-bar momentum indicator computes the raw arithmetic difference between the current close and the close 10 bars ago, expressed in the native price unit of the instrument. Unlike ROC it does not normalize by the starting price.

How Janira reads it (bullish vs bearish)

A positive reading means the market is higher than it was 10 bars ago by that many price points. A negative reading means it is lower. The magnitude reflects both the speed and the extent of price travel over the 10-bar window.

In plain language

Momentum here is the simplest possible measurement: subtract the old price from the new one. If you climbed 5 points in 10 minutes, momentum is 5. If you fell 3 points, it's −3. No percentages - just raw price change.

Scenarios

Increasing positive readings over consecutive bars: the market has been accelerating upward - each 10-bar window ends higher than the previous, showing compounding velocity.
Reading falling from a peak toward zero: the 10-bar price gain is shrinking - price is still above 10 bars ago but by less each cycle, indicating deceleration.
Reading crossing zero from positive to negative: price is now lower than it was 10 bars ago - the directional balance has shifted from net gain to net loss.
Very large absolute reading: the market moved unusually far in 10 bars, well beyond its typical range - a high-velocity event is underway.

More momentum indicators

Relative Strength Index (RSI-14)Relative Strength Index (RSI-7)Stochastic %K (period 14)Stochastic %D (3-period smooth of %K-14)Stochastic RSI (period 14)Commodity Channel Index (CCI-20)Williams %R (period 14)Rate of Change (ROC-12)

Janira computes Momentum (10-bar price difference) deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.