|
PureBytes Links
Trading Reference Links
|
http://www.equis.com/customer/support/formulas/cf00008.html
CMO_1
Sum( If( C ,> ,Ref( C, -1 ) , ( C - Ref( C ,-1 ) ) ,0 ) ,14 )
CMO_2
Sum( If( C ,< ,Ref( C ,-1 ) , ( Ref( C ,-1 ) - C ) ) ,0 ) ,14 )
CMO_Final
100 * ( ( Fml( "CMO_1" ) - Fml( "CMO_2" ) ) / ( Fml( "CMO_1" ) +
ml( "CMO_2" ) ) )
You could also combine the above three formulas into one formula. The syntax
would be:
100*((Sum(If(C,>,Ref(C,-1),(C-Ref(C,-1)),0),14))-(Sum(If(C,<,REF(C,-1),(REF(
C,-1)-C),0),14)))
/((Sum(If(C,>,Ref(C,-1),(C-Ref(C,-1)),0),14)+(Sum(If(C,<,REF(C,-1),(REF(C,-1
)-C),0),14))))
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Chip Anderson
Sent: Monday, September 06, 1999 1:08 AM
To: metastock@xxxxxxxxxxxxx
Subject: RE: Chande Momentum Oscillator
>From TASC, v13 p.424:
"The CMO is based on the popular indicator relative strength indicator
(RSI). The only
difference between the two oscillators is the ratio has an extra term (-Sd )
in the numerator of the formula:
RSI = 100 (Su /(Su + Sd ))
and
CMO = 100 ((Su - Sd )/(Su + Sd ))
where Su = Sum of prices on up days
Sd = Sum of prices on down days"
Hope this helps,
Chip
http://StockCharts.com
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of John Manasco
Sent: Sunday, September 05, 1999 2:56 PM
To: Metastock List
Subject: Chande Momentum Oscillator
Does anyone know the formula for the Chande Momentum Oscillator?
John Manasco
|