IncCMOOnArray - MetaTrader 5 Library | Forex Indicator Download - MT4/MT5 Resources

The CMOOnArray class is designed for calculating values ​​on the buffer of the CMO ( Chandler Momentum Oscillator ) indicator.

The method OnInit() function with the following parameters is called in Initialize() :

The method OnCalculate() is called with the following parameters in the resolve() function:

Additional methods:

Test_CMOOnArray.mq5 is a sample indicator showing the application of CCMOOnArray class. The IncCMOOnArray file must be placed in MQL5\Include\IncOnArray in the terminal data folder (the IncOnArray folder must be created).

The Chande Momentum Oscillator (CMO), developed by Tushar Chande, is a technical indicator that attempts to capture momentum. Chandler discusses this indicator along with many others in his book The New Tech Trader: Boost Your Profits by Inserting the Latest Indicators . CMO ranges from -1 to 1. The +0.5 and -0.5 values ​​are assumed to be overbought and oversold conditions for the market.

Attachment download

📎 inccmoonarray.mqh (2.59 KB)

📎 test_cmoonarray.mq5 (2.28 KB)

Source: MQL5 #635