//@version=4
study("Chande Momentum Oscillator (CMO)", overlay=true)
length = input(10, minval=1)
// Calculate CMO
cmo = cmo(close, length)
// Plot CMO
plot(cmo, color=orange, linewidth=2, title="CMO")
// Buy Signal
buy = cmo > 25
plotshape(buy, style=shape.arrowup, location=location.belowbar, color=green, title="Buy")
// Sell Signal
sell = cmo < -25
plotshape(sell, style=shape.arrowdown, location=location.abovebar, color=red, title="Sell")
study("Chande Momentum Oscillator (CMO)", overlay=true)
length = input(10, minval=1)
// Calculate CMO
cmo = cmo(close, length)
// Plot CMO
plot(cmo, color=orange, linewidth=2, title="CMO")
// Buy Signal
buy = cmo > 25
plotshape(buy, style=shape.arrowup, location=location.belowbar, color=green, title="Buy")
// Sell Signal
sell = cmo < -25
plotshape(sell, style=shape.arrowdown, location=location.abovebar, color=red, title="Sell")