PROTECTED SOURCE SCRIPT
Updated 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. :)
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. :)
Release Notes
Updated exhaustion algorithm to lessen the false exhaustion signals.Release Notes
Updated to V4 PineRelease Notes
Added Buy and Sell alerts when the exhaustion appears as per request.Release Notes
Update to V5 Pine + added alert for 2 in 1 Buy and Sell alert.Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.