This is the strategy version that is included with the Pulse Profits+ study. This strategy is based on the Chande Momentum Oscillator and Elder's Force Index(EFI).
The strategy includes options to add a stop loss and adjust all input options based on specific usage.
Here is the updated version of our Pulse Profits+ study based on the combination of the Chande Momentum Oscillator and Elder's Force Index . This version was updated to include stop-loss and improved signals
Red background highlights mark sell signals and green highlights represent buy signals. All signals are accompanied by corresponding alerts that can be...
Hello Friends,
* Chande Momentum Oscillator (CMO) + EMA + (Regular/Hidden) Divergence + Bullish/Bearish background colors.
* You can edit your options from indicator settings.
This study combines two versatile momentum indicators :
Chande Momentum Oscillator:
-Measures trend strength, with higher absolute values meaning greater strength.
-Also tracks divergence. When price increases, but is not accompanied by an increase in Chande Momentum Oscillator values, it signifies bearish divergence and a reversal is likely to follow.
-Shown...
Original strategy by HPotter :
Actually I still have no idea how it work but the backtest result is way too good haha
Let me know if you want to try this strategy.
StochCMO is the combination of Stochastic and CMO (Chande Momentum Oscillator).
The StochCMO is an indicator used in technical analysis that ranges between zero and one and is created by applying the Stochastic Oscillator formula to a set of Chande Momentum Oscillator (CMO) values rather than standard price data. Using CMO values within the Stochastic formula...
🥢 Crypto-Sticks™
A new series of indicators brought to you by Cryptorthyhms...giving you an alternate look at your trusted favorites!
🚀 Indicator Specific Info
I have found this indicator to show nice divergences as shown on the main chart. Even in this nightmarish sideways bitcoin movement, it still is giving decent divergence signals! It also gives a...
First release from the Crypto-Sticks series of indicators... brought to you by Cryptorthyhms!
🚀 Indicator specific Info
I find this implementation of CMO useful for spotting divergences and for creating signals based on the indicator. Some divergences were highlighted on the chart/indicator showing you potential use cases.
🚀 Crypto-Sticks General Info
💭The...
Chande Momentum Oscillator script.
This indicator was developed and described by Tushar S. Chande and Stanley Kroll in their book "The New Technical Trader" (1994, Chapter 5: New Momentum Oscillators).
-=The Script=- Creators Edition
A classic edition in the series of -=The Script=-
The pre-weighted values compatible with many coinpairs:
• A combination of standard indicators that produce very nice results when touched by -=The Script=- Creator!
DISCLAIMER:
The creators of these script are not financial advisors, and as such, this script is not...
-=The Scrip=- DI incl. Take Profit & Trailing Stop trigger
This latest editon in the series of -=The Script=-
The pre weighted values are for BTC-Pairs and uses a variety of indicators:
• CMO_BASED MACD
• FISHER / WAVETREND
• RSI/STOCHRSI
And for sell strategies it´s possible to use:
• GAIN 😊
DISCLAIMER:
The creators of these script are not financial...
The absolute value of "CMO" alone makes it impossible to know the current location for the waves and there is a possibility of doing useless entry.
To prevent this, display EMA.
![XBTUSD.P: [AU] Composite Stoch](https://s3.tradingview.com/k/KQvlVCFH_mid.png "[AU] Composite Stoch")
![BTCUSD: StochCMO - Stochastic CMO [SHK]](https://s3.tradingview.com/3/3vVaYQRE_mid.png "StochCMO - Stochastic CMO [SHK]")
![BTCUSD: [Single] Heartbeat_Live (pine v3 version)](https://s3.tradingview.com/t/t6hFxd7n_mid.png "[Single] Heartbeat_Live (pine v3 version)")
