This indicator is a ported MQL5 indicator from http://www.mql5.com/ru/code/784 (in Russian).
In contrast to the CMO indicator in this indicator price pre-smoothed by moving average.
Formulas:
CMO_MA[i]=100*(SumBulls-SumBears)/(SumBulls+SumBears), where
SumBulls and SumBears are a sum of a positive and negative values of (MA(i)-MA(i-1)).
Download:
For this indicator must be installed Averages indicator: viewtopic.php?f=17&t=2430
The indicator was revised and updated