CMO with MA indicator

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CMO with MA indicator

Postby 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
(3.54 KiB) Downloaded 748 times


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

The indicator was revised and updated
Alexander.Gettinger
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Re: CMO with MA indicator

Postby Apprentice » Mon Mar 20, 2017 8:22 am

Indicator was revised and updated.
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Re: CMO with MA indicator

Postby 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  
ANTONIO
 
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Re: CMO with MA indicator

Postby Apprentice » Mon Mar 30, 2020 6:30 am

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