Functions

talib.cmo()

Chande Momentum Oscillator for `source` over `length` bars. Two arguments in, one series float out — the same call shape as `talib.rsi`.

Syntax

                talib.cmo(series float source, series int length) → series float

Arguments

source required series float The series the oscillator is calculated on.

length required series int How many bars the calculation covers.

Return Type

series float

Example


          indicator("Chande Momentum Oscillator (CMO)", overlay=false)
// User input
length = input(14, title="CMO Length")
// Calculate CMO
cmoValue = talib.cmo(close, length)
// Plot CMO
plot(cmoValue, title="CMO", color=color.blue, linewidth=2)
// Overbought/Oversold Levels
hline(50, "Overbought", color=color.green)
hline(0, "Neutral", color=color.gray)
hline(-50, "Oversold", color=color.red)