Another exclusive indicator for you
📉 Episode 29: Chande Momentum Indicator (CMO) — The hidden brother of RSI but faster and stronger!
⚡️ Looking for fast and accurate momentum signals?
This mysterious indicator may completely change your trading approach.
🔍 What is CMO?
CMO indicator was developed by "Tushar Chande", and measures momentum strength just like RSI,
But the difference is:
Balances upward and downward movements equally
Displays faster and more sensitive signals to price changes
🔸 The range between +100 to -100
🟢 How to use it:
✅ When the indicator is above +50 → Strong bullish momentum
✅ When it is below -50 → Strong bearish momentum
✅ Between -20 and +20 → Neutral zone (avoid entering here)
⚡️ CMO is faster than RSI, which means early and accurate entry and exit signals
🔁 The difference between CMO and RSI:
🔸 Speed:
CMO is faster
RSI is slower and smoother
🔸 Sensitivity:
CMO gives early signals
RSI avoids overreacting
🔸 Ideal usage:
CMO = for short and quick trades
RSI = for medium and long trades
💡 Professional tip:
🔗 Try using CMO with EMA or Keltner Channel indicator:
📈 If the price breaks the upper limit of the Keltner and CMO > +50 → Strong buy opportunity
📉 If CMO drops below -50 during a pullback → It may be an early exit signal
📊 Not many people use the CMO indicator… and that’s exactly what makes it your secret weapon
Mastering it means you'll start reading momentum before the market moves