Category: Momentum · Complexity: ★☆☆☆☆ (1/5)
Tags: momentum, live-overlay, price
Live chart overlay: CMO
Formula
CMO = 100 · (Su − Sd) / (Su + Sd) over n (Su=sum of up closes, Sd=down)
How to read
Scaled roughly −100 to +100. Zero is balanced pressure. Extremes and a signal MA are common.
Limitations
Can remain extreme in trends. Not volume-aware.
Typical settings
20
Chande Momentum Oscillator is part of the ClearPath Encyclopedia of Indicators — 190 models explained with standard SVG illustrations, so you can study an indicator before you put it on a live chart.