Price Momentum Oscillator (PMO) with all averages filters
First of all I want thank you Mrtools, who help me with this indicator and now working with all average. I wouldn't have finished it without his help..
This is new version, where you may choose between signal cross or dsl levels....
PMO vs ROC/MOM
The PMO indicator compares the current price with the previous price from a selected number of periods ago. This technical indicator is very similar to the ROC (Rate of Change) indicator, but the MOM does not normalize the price (use 100 as the base value for a user specified base date/time).