Libraries: IncCMOOnArray
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IncCMOOnArray:
CMOOnArray class is designed for calculation of CMO (Chande Momentum Oscillator) values on indicator buffers. The example of use of the CMOOnArray class is presented.
The Chande Momentum Oscillator (CMO) was developed by Tushar Chande and is a technical indicator that attempts to capture the Momentum. Chande discussed this and many other indicators in his book "The New Technical Trader: Boost Your Profit by Plugging into the Latest Indicators". Тhe range of CMO is from -1 to 1. The values +0.5 and -0.5 are assumed as ovebought and oversold states of the market.
Author: Дмитрий