Chande Momentum Oscillator_Candle - MetaTrader 5 script

This Chand Momentum Oscillator serves as an indicator for candlestick sequence realization. Candlestick charts are the result of the Chande Momentum Oscillator algorithm processing a correlated price time series.

In many cases, this approach may provide more information for analytical purposes.

This indicator requires compiled indicator file Chande_Momentum_Oscillator.ex5. Place it in <terminal data folder>\MQL5\Indicators.

Figure 1. Chande Momentum Oscillator_Candle indicator

Attachment download

📎 chande_momentum_oscillator.mq5 (6.19 KB)

📎 chande_momentum_oscillator_candle.mq5 (7.24 KB)

📎 smoothalgorithms.mqh (130.19 KB)

Source: MQL5 #14066