Price Momentum Oscillator
Oscillators, PMO
- What it shows
A smoothed rate of change that shows momentum with a signal line.
- How it is built
The one-bar rate of change is smoothed twice, with two different lengths, and a signal line is added.
Default: Length 1 35, length 2 20, signal 10.
- How traders read it
- Above zero: positive momentum.
- A cross of the signal line is the usual signal.
- Extreme values show stretched moves.
Related indicators
Trend Strength IndexPring's Special KAdvance-Decline Ratio (Bars)RSI Divergence Indicator
Stochastic Momentum Index← All indicatorsTrend Strength Index