[RS]Price Momentum Oscilator V0

study(title="[RS]Price Momentum Oscilator V0", shorttitle="[RS]PMO.V0")
//------------------------------------------------------------------------------
//Smoothing Multiplier = (2 / Time period)

//Custom Smoothing Function = {Close - Smoothing Function(previous day)} *
// Smoothing Multiplier + Smoothing Function(previous day) 

//PMO Line = 20-period Custom Smoothing of
//(10 * 35-period Custom Smoothing of
// ( ( (Today's Price/Yesterday's Price) * 100) - 100) )

//PMO Signal Line = 10-period EMA of the PMO Line
//------------------------------------------------------------------------------
//timeperiod = input(35)
//smoothmultiplier = 2/timeperiod

//presmoothfunction = nz(smoothfunction[1])
//smoothfunction = (close-presmoothfunction)*smoothmultiplier+presmoothfunction
smoothfactor = input(35)
timeframe = input(20)
signalsmoothing = input(10)
pmoline = sma(sma(((close/close[1])*100)-100,10*smoothfactor),timeframe)
pmosignalline = ema(pmoline, signalsmoothing)
plot(pmoline, color=black, linewidth=2)
plot(pmosignalline, color=maroon)
hline(0)