MTF CMO (Chande Momentum Oscillator)

Simple Multi-Timeframe version of the Chande Momentum Oscillator . Many thanks to HPotter whos script I used as a starting point. This displays 1, 2, 3, 4, and 24 period CMOs on the graph. 1, 2, 3, and 4 periods are smoothed by using their simple moving averages. 24 period is unsmoothed. I prefer to set my chart to a 1 hour timeframe and look for bottoming or topping patterns in the momentum. Strongest topping or bottoming patterns are when all timeframes roll over including the 24 period.