How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Feature Request FAQ Help & Wiki Twitter

CMOabsav

222 0
Hi
Let me introduce my CMOabsav Oscillator script.
This indicator plots the absolute value of CMO             averaged over three
different lengths. This indicator plots a classical-looking oscillator,
which is really an averaged value based on three different periods.
```////////////////////////////////////////////////////////////
//  Copyright by HPotter v1.0 18/04/2014
//    This indicator plots the absolute value of CMO averaged over three
//    different lengths. This indicator plots a classical-looking oscillator,
//    which is really an averaged value based on three different periods.
////////////////////////////////////////////////////////////
study(title="CMOabsav", shorttitle="CMOabsav")
Length1 = input(5, minval=1)
Length2 = input(10, minval=1)
Length3 = input(20, minval=1)
TopBand = input(70, minval=1)
LowBand = input(20, minval=0)
hline(0, color=green, linestyle=dashed)
hline(TopBand, color=purple, linestyle=line)
hline(LowBand, color=red, linestyle=line)
xMom = close - close[1]
xMomabs = abs(close - close[1])
nSum1 = sum(xMom, Length1)
nSumAbs1 = sum(xMomabs, Length1)
nSum2 = sum(xMom, Length2)
nSumAbs2 = sum(xMomabs, Length2)
nSum3 = sum(xMom, Length3)
nSumAbs3 = sum(xMomabs, Length3)
nRes = abs(100 * (nSum1 / nSumAbs1 + nSum2 / nSumAbs2 + nSum3 / nSumAbs3 ) / 3)
plot(nRes, color=blue, title="CMOabsav")
```

Related Ideas

United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia

한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter