OPEN-SOURCE SCRIPT
CMO
Chande Momentum Oscillator with Overbought and Oversold value
If it is above 25 then enter the trade
and if goes below -25 then exit from the trade
If it is above 25 then enter the trade
and if goes below -25 then exit from the trade
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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