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TomHam  
#1 Posted : 5 years ago
TomHam

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Joined: 10/23/2005(UTC)
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Location: Savannah

Was thanked: 6 time(s) in 4 post(s)

Has anyone written a formula for the Decision Point PMO indicator?

thanks 1 user thanked TomHam for this useful post.
doctormazraie on 1/9/2020(UTC)
Khandelia  
#2 Posted : 5 years ago
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Price Momentum Oscillator (PMO) Indicator {User Input} pd1:=2/Input("First Smoothing:", 1, 50, 35); pd2:=2/Input("Second Smoothing:", 1, 50, 20); pd3:=Input("Signal Line Periods:", 1, 50, 10); {PMO Calculation} roc1:=ROC(CLOSE,1,%); pmo1:=(roc1-PREV)*pd1+PREV; pmo2:=10*pmo1; pmo:=(pmo2-PREV)*pd2+PREV; sig:=Mov(pmo,pd3,E); {Plot} pmo; sig;
TomHam  
#3 Posted : 5 years ago
TomHam

Rank: Advanced Member

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Joined: 10/23/2005(UTC)
Posts: 45
Location: Savannah

Was thanked: 6 time(s) in 4 post(s)
This great. Thanks Khandelia, much appreciated. Wishing you Good Trading. … Tom ...
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