Join our facebook group for Amibroker afl code discussion https://www.facebook.com/groups/603980776889348

Candle Momentum Oscillator


Candle Momentum Oscillator
Candle Momentum Oscillator

//www.aflcode.com

cmopds=20;
CMO_1=Sum( IIf( C > Ref( C, -1 ) , ( C - Ref( C ,-1 ) ) ,0 ) ,cmopds ) ;
CMO_2=Sum( IIf( C < Ref( C ,-1 ) , ( Ref( C ,-1 ) - C )  ,0 ) ,cmopds );

CMO=100 * (( CMO_1 -CMO_2)  /( CMO_1+CMO_2));
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));

Previous
Next Post »