Chande Forecast Oscillator (CFO)

Measures the percentage gap between the close and the close projected by a linear regression over the preceding closes. Positive readings show price running ahead of its own trend (bullish pressure), negative readings show it falling short (bearish pressure).

Live Demo

Pick a market regime to see how CFO(14) reacts:

Usage

import {CFO} from 'trading-signals';
 
// CFO yields results once 15 inputs have been added
const cfo = new CFO(14);