How to set up the CMO bot

1. Set up the timeframe for your CMO bot.
2. Set up the indicator length (the number of candles to calculate the indicator values).
3. Set up the lower and upper range values for the signal generation. For example, if the lower and upper values are -50 and 50, respectively, a buy signal will be generated when the asset price line reaches the -50 level of the indicator. A sell signal will be generated when the asset price line crosses the upper level 50 from above.

The Chande Momentum Oscillator (CMO) is a modification of the Momentum oscillato developed by trader Tushar Chande, he is also known for developing Aroon and Stochastic-RSI indicators as well as for applying non-standard and complex formula for technical analysis.