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[Metastockusers] CMO



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Using an old formula 
from Guppytraders.com, I tried to rewrite it in V 7.x style.  I keep 
getting an error message  that CMO1 is not a recognized function.  

<SPAN 
class=375185522-18012003> 
Any suggestions 
please?
<SPAN 
class=375185522-18012003> 
Here is the original 
formulation at Guppy's site:
<SPAN 
class=375185522-18012003> 

The 
following are Metastock formulas for Tuschar Chande's Momentum Oscillator. For 
interpretation refer to the book The New Technical Trader, by Tuschar 
Chande and Stanley Kroll.
<FONT face="Times New Roman" 
size=3>CMO_1
<FONT face="Times New Roman" 
size=3>Sum( If( C ,> ,Ref( C, -1 ) , ( C - Ref( C ,-1 ) ) ,0 ) ,14 
)
<FONT face="Times New Roman" 
size=3>CMO_2
<FONT face="Times New Roman" 
size=3>Sum( If( C ,< ,Ref( C ,-1 ) , ( Ref( C ,-1 ) - C ) ) ,0 ) ,14 
)
<FONT face="Times New Roman" 
size=3>CMO_Final
<FONT face="Times New Roman" 
size=3>100 * ( ( Fml( "CMO_1" ) - Fml( "CMO_2" ) ) / ( Fml( "CMO_1" ) + Fml( 
"CMO_2" ) ) )
You 
could also combine the above three formulas into one formula. The syntax would 
be:
<FONT face="Times New Roman" 
size=3>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))))
<DIV 
>
<P class=text 
><FONT 
face="Times New Roman" size=3>*** These formulas were constructed using 14 time 
periods, you can change this by replacing every occurrence of 14 with your 
desired time period value
 
I change the terms a 
bit and came up with this:

 
cperiods:= input(&#8220;enter periods&#8221;, 
5,50,14)

<SPAN 
>CMO1:= Sum( If( C ,> ,Ref( C, -1 ) 
, ( C - Ref( C ,-1 ) ) ,0 ) ,cperiods );
<SPAN 
>CMO2:= Sum( If( C ,< ,Ref( C ,-1 ) 
, ( Ref( C ,-1 ) - C ) ) ,0 ) ,cperiods );
CMO:= 100 *( ( CMO1 - CMO2 ) / ( CMO1 
+ CMO2 ) );
CMO
Lionel 
Issen






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