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

Download:
For this indicator must be installed Averages indicator: viewtopic.php?f=17&t=2430
The indicator was revised and updated
Apprentice · Mon Mar 20, 2017 8:22 am
Indicator was revised and updated.
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
Apprentice · Mon Mar 30, 2020 6:30 am
Your request is added to the development list. Development reference 957.
Apprentice · Tue Mar 31, 2020 6:28 am
Try this version. viewtopic.php?f=31&t=69599