Thursday 4 June 2020

Chande Momentum Oscillator (CMO)


✔This indicator runs from -100 to 100. ✔The values above 50 are considered overbought and values below -50 oversold. ✔The higher the magnitude or absolute value of the indicator the stronger the trend. ✔We can combine this with a MA (the period between half to a third of the CMO) to get early entry signals.

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1 comment:

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