PROTECTED SOURCE SCRIPT

Chande Momentum Oscillator Exhaustion

Updated
The Chande Momentum Oscillator Exhaustion is an essential replacement of the standard Chande Momentum Oscillator because it's able to identify and highlight hidden exhaustion momentum.
This indicator gives high probability in spotting trend reversal or trend continuation.
By identifying hidden exhaustion momentum, the Chande Momentum Oscillator Exhaustion indicator represents an essential support to the trader in effectively reading the market and having the best opportunities.

Hope you enjoy this free indicator made by yours truly. :)
Release Notes
Updated exhaustion algorithm to lessen the false exhaustion signals.
Release Notes
Updated to V4 Pine
Release Notes
Added Buy and Sell alerts when the exhaustion appears as per request.
Release Notes
Update to V5 Pine + added alert for 2 in 1 Buy and Sell alert.
Oscillators

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This script is published closed-source and you may privately use it freely.

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