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CMO with MA indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=10551
Forum: 17 · Topic 10551 · 5 post(s)


CMO with MA indicator

Alexander.Gettinger · Wed Dec 28, 2011 7:46 am

This indicator is a ported MQL5 indicator from http://www.mql5.com/ru/code/784 (in Russian). In contrast to the CMO indicator in this indicator price pre-smoothed by moving average.

Formulas: CMO_MA[i]=100*(SumBulls-SumBears)/(SumBulls+SumBears), where SumBulls and SumBears are a sum of a positive and negative values of (MA(i)-MA(i-1)).

CMO_MA.png

Download:

CMO_MA.lua

For this indicator must be installed Averages indicator: viewtopic.php?f=17&t=2430

The indicator was revised and updated


Re: CMO with MA indicator

Apprentice · Mon Mar 20, 2017 8:22 am

Indicator was revised and updated.


Re: CMO with MA indicator

ANTONIO · Sun Mar 29, 2020 8:45 am

Hi apprentice, Can you make a strategy with this indicator?

 if the price of indicator is > 0  open a buy trade (end of turn / live)  and  if the price of indicator is < 0  open a sell trade (end of turn / live)  

TRAILING STOP   Position Cap Max. of open positions  

ALERT (EMAILS) FOR OPENING THE TRADES     Thank you


Re: CMO with MA indicator

Apprentice · Mon Mar 30, 2020 6:30 am

Your request is added to the development list. Development reference 957.


Re: CMO with MA indicator

Apprentice · Tue Mar 31, 2020 6:28 am

Try this version. viewtopic.php?f=31&t=69599