Stocks & Commodities V. 38:08 (16–20): The Compare Price Momentum Oscillator (CPMO), Part 1 by Vitali Apirine

Stocks & Commodities V. 38:08 (16–20): The Compare Price Momentum Oscillator (CPMO), Part 1 by Vitali Apirine
Item# V38C08_097APIR
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The Compare Price Momentum Oscillator (CPMO), Part 1 by Vitali Apirine

Here is a way you can compare at a glance the momentum of two different market indexes or securities in the same chart. It could also be used to help generate trading signals. In this first part of a three-part series, we’ll look at comparing index momentums.

The compare price momentum oscillator (CPMO) is a new approach to using the DecisionPoint price momentum oscillator (PMO), which was developed by Carl Swenlin. The DecisionPoint PMO is an oscillator based on a rate of change (ROC) calculation and can be used as a relative strength tool ...




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