CMO — Chande Momentum Oscillator Trading Series
The CMO trading series represents the Chande Momentum Oscillator (CMO), which measures momentum on both the upside and downside over a specified period.
It is built upon the Chande Momentum Oscillator indicator implementation from the indicators module.
Parameters
CMO(
ticker: str,
source: SourceType = SourceType.CLOSE,
length: int = 20
)
ticker(str): Asset ticker symbol (e.g.,"AAPL").source(SourceType): Price source to calculate the CMO. Default isSourceType.CLOSE. Supported sources are linked here.length(int): Lookback period for the CMO calculation. Default is 20.
Description
- CMO oscillates between -100 and +100.
- High positive values suggest strong upward momentum.
- High negative values suggest strong downward momentum.
- Helps identify overbought and oversold conditions.
Example Usage
CMO(
ticker="AAPL",
source=SourceType.CLOSE,
length=20
)