True Momentum Indicator

 TMO, also known as True Momentum Indicator, is an innovative tool that calculates momentum by utilizing the price delta. Unlike traditional momentum oscillators that solely rely on price, TMO offers a more comprehensive and accurate depiction of trends, trend reversals, and divergences. By taking into account the changes in price, TMO provides traders with valuable insights into market dynamics and price movements, enabling more informed trading decisions. Its unique approach to momentum analysis sets it apart as a powerful and effective indicator in the financial markets.