ta.cmo() - Pine Script Function

ta.cmo()

Overview

Chande Momentum Oscillator. Calculates the difference between the sum of recent gains and the sum of recent losses and then divides the result by the sum of all price movement over the same period.

Syntax

ta.cmo(series, length) → series float

Parameters

Name	Type	Description
series	series int/float	Series of values to process.

Returns

Chande Momentum Oscillator.

Remarks

• na values in the source series are ignored.

Examples

Example 1

//@version=6
indicator("ta.cmo")
plot(ta.cmo(close, 5), color=color.yellow)// the same on pinef_cmo(src, length) => float mom = ta.change(src)
float sm1 = math.sum((mom >= 0) ? mom : 0.0, length)
float sm2 = math.sum((mom >= 0) ? 0.0 : -mom, length) 100 * (sm1 - sm2) / (sm1 + sm2)
plot(f_cmo(close, 5))

See Also

• ta.rsi
• ta.stoch
• math.sum