Strategy · Pine Script v6 · On the chart

TN_CMO_v26

by raybird

The TN_CMO_v26 strategy calculates the Chande Momentum Oscillator and applies causal divergence filters against price action within a trend regime defined by a 200-bar EMA.

View on GitHub

Repaints

GitHub stars1on the repository
Pine versionv6current
Lines of code97
Settings6inputs
LicenceNone stated
Last update2 months ago15 Aug 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

TN_CMO_v26 generates long entries on bullish divergence or CMO crossing above negative extreme threshold in uptrends, and short entries symmetrically in downtrends. Positions are managed with ATR-based stops (default 2x) and limits (default 4x) for risk control. The main inputs adjust oscillator length, extreme levels, trend floor, volatility period and multiplier values. The script draws signals and a status table on the price chart. It repaints on the live bar and lacks explicit exit rules beyond the defined stops and limits.

Details

Published by

raybird on GitHub

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • Signals can change on the live bar or after it closes (repainting)

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
CMO 週期int14cmoLen
極端區域門檻float50.0extLevel
趨勢地板 (EMA)int200trendLen
ATR 週期int14atrLen
止損 ATR 倍數float2.0slMult
獲利 ATR 倍數float4.0tpMult
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

Similar Pine Scripts

This strategy executes long positions by combining a 200-period EMA trend filter, Stochastic RSI oversold crosses, and Williams Alligator retracements, supplemented by RSI divergence detection. It triggers long entries when the price trades above the 200 EMA w

Strategy v4 TrendOscillators & momentum
Updated 3 years ago · Apache-2.0 GitHub repository of 200 EMA + Alligator + Stochastic Long Strategy

This strategy draws on the price chart and manages long and short entries around pivot trendlines. It filters signals with three configurable moving averages, Stochastic RSI, a higher-timeframe Stochastic RSI, and optional RSI divergence. A session window can

Strategy v5 TrendOscillators & momentum Repaints
Updated 5 months ago · None stated GitHub repository of Pivot Trendlines with Divergence Scanner Strategy

MML Multi Indikator Script

by theupslidedown
2 stars

This strategy plots a range filter and high and low target bands on the price chart, and colors bars from filter direction. Inputs cover a backtest date window, WaveTrend Cipher B channel and average lengths, overbought and oversold levels, divergence threshol

Strategy v4 TrendOscillators & momentum
Updated 3 years ago · None stated GitHub repository of MML Multi Indikator Script

TQQQ MA+TSI

by yalili8521
2 stars

The TQQQ MA+TSI strategy executes trades based on triple simple moving average alignment combined with True Strength Index (TSI) divergence or momentum filters. Designed primarily for intraday stock trading, it evaluates price accumulation across fast, mid, an

Strategy v6 TrendOscillators & momentum
Updated 9 days ago · None stated GitHub repository of TQQQ MA+TSI

More Divergence scripts

Related on ForexR

Trade Your Charts With a Regulated Broker

Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.

Compare brokers