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Hi all,
I am looking for help with code for smoothing Chande's Momentum
Indicator, details of which are below. If some one can show me how
to apply smoothing I would be grateful.
Also does anyone have the code, or know where I can find it, for
VEL, a smoothed momentum indicator. I understand it has been coded in
AFL although I cannot find it in the libary.
Regards,
Keith.
//{Chande's Momentum Indicator}
CMI=100 *
((Sum(IIf(C>Ref(C,-1),(C-Ref(C,-1)),0),14)) -
(Sum(IIf(C<Ref(C,-1),(Ref(C,-1)-C),0),14))) /
((Sum(IIf(C>Ref(C,-1),(C-Ref(C,-1)),0),14) +
(Sum(IIf(C<Ref(C,-1),(Ref(C,-1)-C),0),14))));
Plot(CMI,"CMI",colorRed,styleLine);
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