Description :

In his article in August 2020 issue of TASC , “The Compare Price Momentum Oscillator (CPMO),” author Vitali Apirine reintroduces us to the DecisionPoint PMO originally developed by Carl Swenlin and presents a new way to use it to compare the relative momentum of two different securities.

This is the PMO indicator

Recommendations:

  • Trading signals can be derived in a number of ways including momentum, signal line, and zero-line crossovers.