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Chande Momentum Oscillator



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Hello Fellow Traders,
	Has anyone ever seen the EasyLanguage code for the Chande Momentum
Oscillator? Does anyone have any opinions on this indicator when applying it
to a system? For those who are curious about what I am talking about,,,,

The Chande Momentum Oscillator was developed by Tushar Chande, and attempts
to capture the pure momentum of price movements. The Chande Momentum
Oscillator is a momentum oscillator, similar to RSI or Stochastics.  It is
calculated by dividing the sum of up day and down day activity into the
difference of up day and down day activity.  The result is multiplied by
100. CMO reaches extreme levels at 50 for overbought and -50 for oversold.



Have a great trading day,

Bryan