Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Price source | Close | Open, High, Low, Close, High-low average, Typical price, OHLC average |
| First smoothing period | 35 | 2 to 500 |
| Second smoothing period | 20 | 2 to 500 |
| Signal period | 10 | 1 to 500 |
What it plots
Drawn in its own pane below the price chart, with its own scale.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| PMO | Index value | Line | after 55 candles |
| Signal | Index value | Line | after 64 candles |
Calculation notes
- Smooths the one-bar percentage change twice with factor 2/period, each stage starting from a simple average, then adds an exponential signal line. Values start only after every stage is complete; a gap restarts the calculation.
Questions
What are the default settings of Price Momentum Oscillator?
The defaults are Price source: Close, First smoothing period: 35, Second smoothing period: 20, Signal period: 10. You can change every setting on the live chart.
Can I use Price Momentum Oscillator for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.