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>From TASC, v13 p.424:
"The CMO is based on the popular indicator relative strength indicator (RSI). The only
difference between the two oscillators is the ratio has an extra term (-Sd ) in the numerator of the formula:
RSI = 100 (Su /(Su + Sd ))
and
CMO = 100 ((Su - Sd )/(Su + Sd ))
where Su = Sum of prices on up days
Sd = Sum of prices on down days"
Hope this helps,
Chip
http://StockCharts.com
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of John Manasco
Sent: Sunday, September 05, 1999 2:56 PM
To: Metastock List
Subject: Chande Momentum Oscillator
Does anyone know the formula for the Chande Momentum Oscillator?
John Manasco
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