Price_Momentum_Oscillator

[Apprentice]

Price Momentum Oscillator (PMO) is an oscillator based on a Rate of Change (ROC) calculation that is smoothed twice with exponential moving averages that use a custom smoothing process. Because the PMO is normalized, it can also be used as a relative strength tool.

Price_Momentum_Oscillator.mq4

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[ciclone]

thanks to the development of the indicator that I had asked. You are a forum of great people. Again many thanks

[topeak]

The attachment eurusd-d1-forex-capital-markets-2.png is no longer available

Price Momentum Oscillator (PMO) is an oscillator based on a Rate of Change (ROC) calculation that is smoothed twice with exponential moving averages that use a custom smoothing process. Because the PMO is normalized, it can also be used as a relative strength tool.

The attachment eurusd-d1-forex-capital-markets-2.png is no longer available

Thanks to the development of the indicator,
but montyly chart seems to be incorrect