EVOLUTION-MANAGER
Edit File: CMO.html
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd"><html xmlns="http://www.w3.org/1999/xhtml"><head><title>R: Chande Momentum Oscillator</title> <meta http-equiv="Content-Type" content="text/html; charset=utf-8" /> <link rel="stylesheet" type="text/css" href="R.css" /> </head><body> <table width="100%" summary="page for CMO {TTR}"><tr><td>CMO {TTR}</td><td style="text-align: right;">R Documentation</td></tr></table> <h2>Chande Momentum Oscillator</h2> <h3>Description</h3> <p>The Chande Momentum Oscillator (CMO) is a modified RSI. Developed by Tushar S. Chande. </p> <h3>Usage</h3> <pre> CMO(x, n = 14) </pre> <h3>Arguments</h3> <table summary="R argblock"> <tr valign="top"><td><code>x</code></td> <td> <p>Price, volume, etc. series that is coercible to xts or matrix.</p> </td></tr> <tr valign="top"><td><code>n</code></td> <td> <p>Number of periods to use.</p> </td></tr> </table> <h3>Details</h3> <p>The CMO divides the total movement by the net movement ([up - down] / [up + down]), where RSI divides the upward movement by the net movement (up / [up + down]). </p> <h3>Value</h3> <p>A object of the same class as <code>x</code> or a vector (if <code>try.xts</code> fails) containing Chande Momentum Oscillator values. </p> <h3>Note</h3> <p>There are several ways to interpret the CMO: </p> <ol> <li><p> Values over/under +/- 50 indicate overbought/oversold conditions. </p> </li> <li><p> High CMO values indicate strong trends. </p> </li> <li><p> When the CMO crosses above/below a moving average of the CMO, it is a buy/sell signal. </p> </li></ol> <h3>Author(s)</h3> <p>Joshua Ulrich </p> <h3>References</h3> <p>The following site(s) were used to code/document this indicator:<br /> <a href="https://www.fmlabs.com/reference/CMO.htm">https://www.fmlabs.com/reference/CMO.htm</a><br /> </p> <h3>See Also</h3> <p>See <code><a href="RSI.html">RSI</a></code>. </p> <h3>Examples</h3> <pre> data(ttrc) cmo <- CMO(ttrc[,"Close"]) </pre> <hr /><div style="text-align: center;">[Package <em>TTR</em> version 0.24.3 <a href="00Index.html">Index</a>]</div> </body></html>