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Chande Momentum Oscillator for Amibroker (AFL)
Rating:
3 / 5 (Votes 4)
Tags:
oscillator, amibroker
For a nice description of the indicator and interpretation visit
http://www.paritech.com/education/technical/indicators/momentum/chande.asp
Screenshots
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Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 | function funcCMO(periods) {local cmo_1;local cmo_2;local cmo;cmo_1=Sum( IIf( C > Ref( C, -1 ) , ( C - Ref( C ,-1 ) ) ,0 ) , periods ) ;cmo_2=Sum( IIf( C < Ref( C ,-1 ) , ( Ref( C ,-1 ) - C ) ,0 ) , periods );cmo=100 * (( cmo_1 -cmo_2) /( cmo_1+cmo_2));return cmo;}cmo = funcCMO(20);Plot(cmo,"cmo",IIf(cmo>Ref(cmo,-1),5,4),2|styleThick);Plot(MA(cmo,9),"Trigger",colorYellow);Plot(50,"",15);Plot(-50,"",15);Title="cmo"+WriteVal(cmo)+" Trigger"+WriteVal(MA(cmo,9)); |
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