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Chande Momentum Oscillator Indicator Trading Analysis & Signals

Developed by Tushar Chande

Chande Momentum Oscillator Indicator measures momentum of gold.

This indicator uses a range from +100 to -100, letting traders easily see changes in momentum with the 0 mark as a central point.

Calculation

Chande momentum looks at up days and down days in the top part. It measures strength directly.

The calculations are performed on raw, unsmoothed data, which helps to keep short-term extreme price fluctuations more visible. Nonetheless, smoothing can still be applied to the Oscillator Indicator afterwards.

Chandes Momentum Oscillator Indicator Analysis - Chandes Momentum Oscillator Indicator MT4

XAU/USD Analysis and How to Generate Signals

Buy Signal

This Oscillator Technical measures the force of price.

Levels above the zero line signal bullish or buy chances.

The higher the indicator goes the higher the upward trading price momentum.

XAUUSD Generate XAUUSD Signal to Trade XAUUSD

Buy Trade Signal

Sell XAUUSD Signal

Levels below Zero line are considered to be bearish/buy signals.

The lower the indicator goes the higher the downward trading price momentum.

How to Practice Generating Signal

Sell Signal

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