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Breaking down the Chande Momentum Oscillator - Bitcoin analysis and trading signals.

Developed by Tushar Chande

Chande Momentum Oscillator measures momentum of bitcoin crypto.

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

Chandes momentum factor in data pertaining to both advancing and declining days within its numerator, providing a direct measure of market strength.

Unsmoothed data is used for the computations. This makes it harder to conceal short-term, severe swings. But the Oscillator may still benefit from smoothing.

Chande Momentum Oscillator for BTCUSD - Review This Indicator in Crypto Trades

Cryptocurrency Analysis for Bitcoin and Techniques for Generating Trading Alerts

Buy Signal

This Oscillator measures the momentum of bitcoin price.

Levels above Zero line are considered to be bullish/buy bitcoin trade signals.

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

Buy Bitcoin Signal – Using the Chande Momentum Oscillator for Crypto Buy Signals

Buy Signal

Sell Signal

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

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

Chande Momentum Oscillator for BTCUSD: Trading Analysis

Sell Trading Signal

Extra Lessons, Tutorials, and Courses to Learn:

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