RMO oscillator for amibroker

anupsoni · #1 21st July 2007, 10:04 AM

Hello Uasish,
Can u help me in RMO oscillator for ami.
Link for it?

regards
anup

didi · #2 29th July 2007, 12:07 PM

Hi, look few threads below

bvpraveen · #3 29th July 2007, 01:36 PM

http://www.traderji.com/amibroker/12...ker-4-9-a.html

colion · #4 31st July 2007, 05:48 AM

Quote:

Originally Posted by bvpraveen

http://www.traderji.com/amibroker/12...ker-4-9-a.html

Why such brute force code? For example, the section ST1 can be written in just a few lines with a loop (not tested but should work).

x = MA(C, 2);
y = x;

for(i = 1; i < 10; i++)
{
y = MA(y, 2);
y = y + x;
}

ST1 = 100 * (C - ( y / 10 )) / (HHV(C, 10) - LLV(C, 10));

alpha1 · #5 31st July 2007, 09:28 AM

what exactly is the basis of RMO?
on cursory glance - it looks like something to do with Moving averages.

and if that is the case, then how can it outperform the MACD based sytem?
and quite possibly the markets

bvpraveen · #6 31st July 2007, 10:30 AM

Quote:

Originally Posted by colion

Why such brute force code? For example, the section ST1 can be written in just a few lines with a loop (not tested but should work).
.....

Hi,

I don't even know whats the full form of RMO. I just gave the link of a thread where discussion on RMO had taken place.

You may post your question in that thread.

Praveen.

colion · #7 31st July 2007, 04:59 PM

Quote:

Originally Posted by alpha1

what exactly is the basis of RMO?
on cursory glance - it looks like something to do with Moving averages.

and if that is the case, then how can it outperform the MACD based sytem?
and quite possibly the markets

Whatever the basis, as with any indicator, the bottom line is performance evaluated in a proper manner with in-sample and out-of-sample data (use a Ouija board if it works). Look at the performance of RMO vs. other indicators with the markets that you trade, type of market (e.g, bull, bear, flat), the time frame that you use, the type of trading that you prefer (e.g., many or few trades), drawdown, performance metrics, etc. After all of this, if it contributes to your trading use it and if not don't.

Saint · #8 1st August 2007, 03:39 AM

Quote:

Originally Posted by bvpraveen

Hi,

I don't even know whats the full form of RMO. I just gave the link of a thread where discussion on RMO had taken place.

You may post your question in that thread.

Praveen.

Hi Praveen,

RMO=Rahul Mohindar Oscilator (Viratech)

Saint

bvpraveen · #9 1st August 2007, 10:11 AM

Quote:

Originally Posted by Saint

Hi Praveen,

RMO=Rahul Mohindar Oscilator (Viratech)

Saint

Oh..ok. The point was, I have no idea about this RMO. But just gave the link of another thread, so that the thread starter can go through that.

Praveen.

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