Posted by Mohammad Rahhal, Last modified by Diana Alkouni on 14 September 2020 12:28 PM


 Public Function ChandeMomentumOscillator(chart_ID As Long, applyTo As ENUM_APPLIED_PRICE,period As Integer) As String


The Chande Momentum Oscillator (Chande) is an advanced momentum oscillator derived from linear regression.

Increasingly high values of CMO may indicate that prices are trending strongly upwards.

Conversely, increasingly low values of CMO may indicate that prices are trending strongly downwards.

CMO is related to MACD and Price Rate of Change (ROC).


Key Description 
chart_Id Chart identifier, 0 is the current chart ,value of type Long
applyTo Applied price, can be one of the  ENUM_APPLIED_PRICE.
period The calculation period, on which the indicator will be calculated, value of type Integer.

Return value

Returns the handles of a technical indicator, in case of failure returns an empty string.


Public Sub main()

AlertMessage (ChandeMomentumOscillator(0,PRICE_CLOSE, 9))

'Draws the indicator on chart and shows a message box with the indicator name.

End Sub

See Also

Back to VTL Client Script Index

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