Chande Momentum Oscillator (CMO)
The Chande Momentum Oscillator (CMO) determines the momentum of a market and generates trade signals via oversold and overbought conditions. This indicator works a bit like RSI except that it calculates, up and down, time intervals in both the denominator and numerator. The oscillator fluctuates between -100 (oversold) and 100 (overbought).
Tip: Use during sideways markets or to confirm trends with reversed signals.
Supported License | Supported Trade Types |
​ | Spot trading |
Simple license | Margin trading |
Advanced license | Leverage trading |
Exchange Website to monitor
Currency Pair to monitor for trade signals
Update Speed
Trade Signals
Tip: The exchange doesn't have to be the same exchange you are currently trading on.
Length
Number of candles (or time periods) before an action is taken.
Buy Threshold
When the calculation result is equal or below this value, the indicator will generate a buy signal.
Sell Threshold
When the calculation result is equal or above this value, the indicator will generate a sell signal.
This is a momentum oscillator. Use this in combination with other indicators for determining trend reversals. Users may want to use this indicator during a sideways market.
