Chande Momentum Oscillator: CMO TradingView Buy & Sell Signals
The Chande Momentum Oscillator (CMO) is a momentum indicator developed by Tushar Chande. It measures the net difference between upward and downward price movements over a set period and outputs values between +100 and -100.
What makes it different from other oscillators is how the calculation works. Instead of averaging gains and losses like the RSI does, the CMO subtracts total downward movement from total upward movement, then divides by the total range. I've kept this indicator on my TradingView charts since early 2024. It's been particularly useful for timing entries on SPY and TSLA.





