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Chande Momentum Oscillator Exhaustion

The Chande Momentum Oscillator Exhaustion is an essential replacement of the standard Chande Momentum Oscillator because it's able to identify and highlight hidden exhaustion momentum.
This indicator gives high probability in spotting trend reversal or trend continuation.
By identifying hidden exhaustion momentum, the Chande Momentum Oscillator Exhaustion indicator represents an essential support to the trader in effectively reading the market and having the best opportunities.

Hope you enjoy this free indicator made by yours truly. :)
版本注释
Updated exhaustion algorithm to lessen the false exhaustion signals.
版本注释
Updated to V4 Pine
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Added Buy and Sell alerts when the exhaustion appears as per request.
版本注释
Update to V5 Pine + added alert for 2 in 1 Buy and Sell alert.

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