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).
This is a combination of Lazybears WaveTrend Oscillator (purple line) and Chande Momentum Oscillator (blue line with the orange line as a signal line). Use WaveTrend as a confirmation tool. It is consider as a selling point when CMO is over the red horizontal dotted line. The opposite applies if CMO line is under the red horizontal dotted line.
You can also use...
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.
Range Action Verification Index (RAVI) indicator script. This indicator was originally developed by Tushar Chande (see his book "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System").
QuantCat Chande Swinger
This strategy is designed to be used on the 1 minute with mainly bitcoin, and cryptocurrencies. But parameters can be adjusted to ANY pair.
After some long research about chande momentum oscillator, I decided to create a strategy using normal distribution percentage levels to snipe entries. This in turn on the 1 minute can create a nice...
Here is a simple indicator based on Tushar Chande's TrendScore .
The main purpose of the TrendScore is to determine the strength and direction of a trend, which it does by comparing the current price to the prices within a user-defined window of historical prices.
In the input menu, the user defines the starting and ending period. The current price is then...
This is a custom indicator of mine that I based loosely on Tushar S. Chande's Market Thrust Indicator (Stocks & Commodities V. 10:8 (347-350)). Buy the stock if the indicator is green and sell when it turns red.
Let me know if you would like to see more scripts or if you have custom requests!
A technical indicator developed by Tushar Chande to numerically identify
trends in candlestick charting. It is calculated by taking an 'n' period
moving average of the difference between the open and closing prices. A
Qstick value greater than zero means that the majority of the last 'n' days
have been up, indicating that buying pressure has been increasing....
This indicator plots Dynamic Momentum Index indicator. The Dynamic Momentum
Index (DMI) was developed by Tushar Chande and Stanley Kroll. The indicator
is covered in detail in their book The New Technical Trader.
The DMI is identical to Welles Wilder`s Relative Strength Index except the
number of periods is variable rather than fixed. The variability of...
This is my original indicator that was inspired by "Mayer Multiple" and "Chande Forecast Oscillator" (CFO).
I decided to search truth of trend power with SMA and LinReg and found it in a somewhere of the middle. Also, I added a limit area, where you need to keep a more attention, because it can show a potential reversal.
You can change parametrs with a your own...
Hi. It's simply histogram that shows divergence between the lines of the Chande Kroll Stop ind (built-in TradingView ind). I noticed that the lines intersect or are very close to each other if the volatility decreases. You can use MA like the main line or just 5, 10 lines how I do. Sorry for code Im not a programmer
This is a custom indicator that turns my Mass Thrust Indicator into an oscillator which is loosely based on Tushar S. Chande's Market Thrust Oscillator (Stocks & Commodities V. 10:8 (347-350))
Let me know if you would like a custom script or if you want to see me publish any other indicators!
The Midpoint Oscillator was created by Tushar Chande Ph.D. (Stocks & Commodities V. 9:11 (431-434)) and it does a great job of tracking extreme changes in the price. Buy when the line is green and sell when it turns red.
Let me know if you would like me to write more scripts!