Chande Momentum Oscillator script.
This indicator was developed and described by Tushar S. Chande and Stanley Kroll in their book "The New Technical Trader" (1994, Chapter 5: New Momentum Oscillators).
This is a combination of Lazybears WaveTrend Oscillator (purple line) and Chande Momentum Oscillator (blue line with the orange line as a signal line). Use WaveTrend as a confirmation tool. It is consider as a selling point when CMO is over the red horizontal dotted line. The opposite applies if CMO line is under the red horizontal dotted line.
You can also use...
This study combines two versatile momentum indicators :
Chande Momentum Oscillator:
-Measures trend strength, with higher absolute values meaning greater strength.
-Also tracks divergence. When price increases, but is not accompanied by an increase in Chande Momentum Oscillator values, it signifies bearish divergence and a reversal is likely to follow.
-Shown...
QuantCat Chande Swinger
This strategy is designed to be used on the 1 minute with mainly bitcoin, and cryptocurrencies. But parameters can be adjusted to ANY pair.
After some long research about chande momentum oscillator, I decided to create a strategy using normal distribution percentage levels to snipe entries. This in turn on the 1 minute can create a nice...
The Chande Forecast Oscillator developed by Tushar Chande The Forecast
Oscillator plots the percentage difference between the closing price and
the n-period linear regression forecasted price. The oscillator is above
zero when the forecast price is greater than the closing price and less
than zero if it is below.
The Chande Forecast Oscillator developed by Tushar Chande The Forecast
Oscillator plots the percentage difference between the closing price and
the n-period linear regression forecasted price. The oscillator is above
zero when the forecast price is greater than the closing price and less
than zero if it is below.
WARNING:
- This script to change bars colors.
Range Action Verification Index (RAVI) indicator script. This indicator was originally developed by Tushar Chande (see his book "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System").
Here is a simple indicator based on Tushar Chande's TrendScore .
The main purpose of the TrendScore is to determine the strength and direction of a trend, which it does by comparing the current price to the prices within a user-defined window of historical prices.
In the input menu, the user defines the starting and ending period. The current price is then...
This indicator plots Dynamic Momentum Index indicator. The Dynamic Momentum
Index (DMI) was developed by Tushar Chande and Stanley Kroll. The indicator
is covered in detail in their book The New Technical Trader.
The DMI is identical to Welles Wilder`s Relative Strength Index except the
number of periods is variable rather than fixed. The variability of...
This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
A technical indicator developed by Tushar Chande to numerically identify
trends in candlestick charting. It is calculated by taking an 'n' period
moving average of the difference between the open and closing prices. A
Qstick value greater than zero means that the majority of the last 'n' days
have been up, indicating that buying pressure has been...
This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
A technical indicator developed by Tushar Chande to numerically identify
trends in candlestick charting. It is calculated by taking an 'n' period
moving average of the difference between the open and closing prices. A
Qstick value greater than zero means that the majority of the last 'n' days
have been up, indicating that buying pressure has been increasing....
![BTCUSD: Chande Momentum Oscillator + WaveTrend Oscillator [ChuckBanger]](https://s3.tradingview.com/a/Alxtk5KR_mid.png "Chande Momentum Oscillator + WaveTrend Oscillator [ChuckBanger]")
