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Old Apr 22nd 2018, 08:15 AM   #11
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Originally Posted by avito009 View Post
Basically Momentum = Mass * velocity

Share Momentum = Trade volume in a particular period * price change in that period.

Now Mass which is Trade volume in a particular period is a scalar but Velocity of Stock which is price change in that period is a vector.

So Momentum is scalar x vector= vector.

Since broadly ADX is a Momentum indicator it is a vector according to this logic.
Broadly speaking this make some sense. But I'd drop the momentum analogy. A vector is a vector and momentum is only one example.

-Dan
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