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Price Momentum Oscillator

Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=65245
Forum: 48 · Topic 65245 · 1 post(s)


Price Momentum Oscillator

Alexander.Gettinger · Sat Oct 28, 2017 10:20 am

Price Momentum Oscillator (PMO) is an oscillator based on a Rate of Change (ROC) calculation that is smoothed twice with exponential moving averages that use a custom smoothing process. Because the PMO is normalized, it can also be used as a relative strength tool.

PMO_JS.PNG

Download:

PMO_JS.jsl