Chande Momentum Oscillator

CMO measures the difference between the sum of positive and negative price changes.

Method

tm.ta.cmo(source, timeperiod)

Inputs

Parameter	Argument type	Description	Default Value
source	pd.Series	Input data series	-
timeperiod	int	Number of periods for the indicator	14

Outputs

Output	Type
cmo	np.ndarray

Example usage

strategy.py

import tradomate as tm

@tm.strategy()
def my_strategy(config: tm.TradomateConfig, data: tm.TradomateData):

    # Trying out Chande Momentum Oscillator
    cmo = tm.ta.cmo(data.close, timeperiod=14)

    # Get the last value and print
    last_value = cmo.iloc[-1]
    tm.log(f"Last value of Chande Momentum Oscillator is {last_value}")

    # Plot the values of cmo
    tm.plot(cmo, title="Chande Momentum Oscillator", overlay=False)