Price momentum osc

What does Price momentum osc measure?

A smoothed momentum line built to be comparable across different stocks, so you can rank a whole watchlist by it.

How is Price momentum osc calculated?

Take the one-candle percentage change, smooth it over 35 candles, smooth that again over 20, and scale it up. `signal` is the result smoothed over a further 10 candles.

Written by reading the engine’s real computation, not a textbook — where the two differ, the page describes what actually runs.

How do I use Price momentum osc in a bot?

In the builder, add an indicator of type pmo (parameters: fast, default 20; slow, default 35; signal, default 10). Its output series — line, signal — become operands you can compare in any entry or exit rule. The engine grades the whole rule honestly: real fills, no look-ahead, half the history held back.

Related indicators

• Percentage price oscMACD in percent instead of dollars — which means a $20 stock and a $600 stock can finally be compared on the same scale.
• Psych lineCrowd mood as a plain percentage: what share of recent candles closed up.
• QstickAre candles mostly closing above where they opened, or below?
• RAVIA trend-versus-chop filter: it stays near zero while the market drifts and grows when a real trend takes hold.

Or browse all 158 indicators in the full library.