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Price_Momentum_Oscillator
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=62869
Forum: 38 · Topic 62869 · 3 post(s)
Price_Momentum_Oscillator
Apprentice · Tue Nov 10, 2015 1:08 pm
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.
Re: Price_Momentum_Oscillator
ciclone · Tue Nov 10, 2015 4:24 pm
thanks to the development of the indicator that I had asked. You are a forum of great people. Again many thanks
Re: Price_Momentum_Oscillator
topeak · Tue Jul 05, 2016 10:38 pm
Apprentice wrote:
The attachment eurusd-d1-forex-capital-markets-2.png is no longer available
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.
The attachment eurusd-d1-forex-capital-markets-2.png is no longer available
Thanks to the development of the indicator, but montyly chart seems to be incorrect
