In this version of Chande Momentum Oscillator the smoothed price is used for the calculations. It is allowed to improve the filter of trend direction.
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 -100 ut 100. The values +50 et -50 are assumed as ovebought and oversold states of the market.
This indicator was first implemented in MQL4 and published in CodeBase at mql4.com 20.02.2008.
Indicis MT5 – Download Instructions
CMO is a Metatrader 5 (MT5) et essentia est transformare signum forex indicator historiae notitia congesta.
CMO provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Fundatur in hoc notitia, adjust motus et mensuram velocitatis negotiatoribus adhuc consilio rem secundum pretium.
How to install CMO.mq5?
- Download CMO.mq5
- Copy CMO.mq5 to your Metatrader Directory / peritorum / Indicatores /
- Aut Start sileo vestri Metatrader 5 Client
- Select Chart et Timeframe ubi vis ut cognoscam experimentum vestrum indicator
- Quaerere “Consuetudo Indicators” plerumque in Navigator remanserit in Metatrader 5 Client
- Right click on CMO.mq5
- Suggero ut a chart
- Temperare occasus aut press ok
- Indicator CMO.mq5 is available on your Chart
How to remove CMO.mq5 from your Metatrader 5 Chart?
- Lego Chart ubi est illud Indicis cursor in vestri Metatrader Client
- Vox click in Chartam
- “Indicatores album”
- Lego quod delete Indicis
Click here to infra download MT5 Indicis: