Tradingview best indicators for day trading|best buy sell indicator tradingview free

Описание: Tradingview best indicators for day trading|best buy sell indicator tradingview free #forexstrategy #forextrading

Easily Spot Market Trends with Chande Momentum Oscillator

The Chande Momentum Oscillator (CMO) is a technical analysis indicator used to determine the strength of a stock or security's price trend. . The CMO oscillates between positive and negative values and is used to identify potential trend reversals, overbought and oversold conditions, and to generate buy and sell signals. The CMO is often used in combination with other indicators and chart patterns to confirm trading signals.

here how to use this indicator?

When the CMO crosses above 50, it signals a bullish trend, while a cross below -50 signals a bearish trend.

A CMO value above 75 indicates an overbought condition, while a value below 25 indicates an oversold condition.

best trend following indicators, tradingview best indicators,best tradingview indicator,best trading indicators,trend following indicators,tradingview indicators,best tradingview indicators,best buy sell indicator tradingview,trend following,best forex indicators,best indicators for day trading,best trading indicator,trend indicators,trend indicators for swing trading,trading indicators,best indicators,trend indicators for day trading,best trend follow indicator, Tradingview best indicators for day trading