Chande

Chande Momentum Oscillator – indicator MetaTrader 5

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Chande Momentum Oscillator (CMO)
Real author: Tushar Chande Desciption: The Chande Momentum Oscillator (CMO) was developed by Tushar Chande and is a technical indicator that attempts to capture the Momentum. Chande discussed this and many other indicators in his book “The New Technical Trader: Boost Your Profit by Plugging into the Latest Indicators”. Тhe range of CMO is from … Read more

Module of Trade Signals, based on Chande Momentum Oscillator – library MetaTrader 5

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Chande Momentum Oscillator system
The signals are formed at completed bars. Chande Momentum Oscillator is used as a custom indicator for module of trade signals. The Downward crossover of -50 level is a signal to open a long position, the upward crossover of 50 level is a signal to open short position. The following input parameters were used when … Read more

Chande Momentum Oscillator_Candle – indicator MetaTrader 5

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Fig.1. The Chande Momentum Oscillator_Candle indicator
The Chande Momentum Oscillator indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the Chande Momentum Oscillator algorithm. In many situations, such approach may be more informative for the purpose of analysis. This indicator requires the compiled indicator file Chande_Momentum_Oscillator.ex5. Place it in <terminal_data_folder>\MQL5\Indicators. Fig.1. The … Read more

DSL Chande momentum oscillator – smoothed – indicator MetaTrader 5

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DSL Chande momentum oscillator - smoothed - indicator for MetaTrader 5
Basics: The Chande Momentum Oscillator is a technical momentum indicator invented by Tushar Chande. Chande introduced the indicator in his 1994 book “The New Technical Trader”. It is created by calculating the difference between the sum of all recent gains and the sum of all recent losses and then dividing the result by the sum … Read more