//version=4
study("Chande Momentum Oscillator (CMO)", overlay=true)
length = input(10, minval=1)
// Calculate CMO
cmo = cmo(close, length)
// Plot CMO
plot(cmo, color=orange, linewidth=2, title="CMO")
// Buy Signal
buy = cmo > 25
plotshape(buy, style=shape.arrowup, location=location.belowbar, color=green, title="Buy")
// Sell Signal
sell = cmo < -25
plotshape(sell, style=shape.arrowdown, location=location.abovebar, color=red, title="Sell")
study("Chande Momentum Oscillator (CMO)", overlay=true)
length = input(10, minval=1)
// Calculate CMO
cmo = cmo(close, length)
// Plot CMO
plot(cmo, color=orange, linewidth=2, title="CMO")
// Buy Signal
buy = cmo > 25
plotshape(buy, style=shape.arrowup, location=location.belowbar, color=green, title="Buy")
// Sell Signal
sell = cmo < -25
plotshape(sell, style=shape.arrowdown, location=location.abovebar, color=red, title="Sell")
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.