OPEN-SOURCE SCRIPT

CMOabsav Backtest

This indicator plots the absolute value of CMO averaged over three
different lengths. This indicator plots a classical-looking oscillator,
which is really an averaged value based on three different periods.

You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
algotradingaveragebacktestingCMOstrategy

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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