A Simple Yet Effective Contrarian Indicator
Creating the Chande Momentum Oscillator in Python
Momentum oscillators are numerous and their added-value ranges between very bad to acceptable. It is normal that we will not find something very predictive if we are just applying a lag over the price but we can find insights on the recent behavior of the market price. This article discusses one known oscillator called the Chande Momentum Oscillator.
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Fetching Historical OHLC Data
Let us start by fetching historical OHLC data before seeing how to code the indicator in…