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.

I h…