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Thursday, 06/16/2016 9:02:54 PM

Thursday, June 16, 2016 9:02:54 PM

Post# of 17387
PMO Introduction


The DecisionPoint Price Momentum Oscillator (PMO) is an oscillator based on a Rate of Change (ROC) calculation that is smoothed twice with exponential moving averages that use a custom smoothing process. Because the PMO is normalized, it can also be used as a relative strength tool. Stocks can thus be ranked by their PMO value as an expression of relative strength.



http://stockcharts.com/school/doku.php?st=pmo+indicator&id=chart_school:technical_indicators:dppmo

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