What Is SCO? & How it is calulated? Suspense Revealed!!!!

Hello Friends,
There was a suspense behind this SCO . And i hear everybody is using SCO for nifty and other stocks as if it is some magic formula.

SCO is the name given by a trader called as Sammer and so SCO stands for SAMEER COMPOSITE OSCILLATOR

Now how it is calculated?
Everybody is following an oscillator without knowing what it is and how it is calculated and what does this oscillator reveals to us or signals to us
This is dangerous My main purpose to write this is to make the user know what they are using how it is calculated and what does it signals or conveys to us Never ever blindly use any indicator or oscillator just because everybody is using

Now Let me tell you that this is a new name given to RSi of 2 days/2 bars
nothing more nothing less
So those using metastock or amibroker can try out the values will tally with the published sco values on the net .

Now google for rsi2 and you will find details for rsi2 /SCo how to use etc....

Hope the suspense to many is now cleared

Jai Ho
sanjayt

Anyone here using the above mentioned. There are thousands of indicators floating around whats so special about this one.

Does it help loose money faster?:rofl:

SCO Values

hai

Iam using odin to trade.
so if u r using metastock or amibroker,please post RSi of 2 days/2 bars for past one months (closing point rsi values).

Thanks
karthick S.B

Very well said.:clapping:

Can anyone explain which is the best slow stochastic to use for daily trading (one-day chart) -- namely 5 days and 3 days; or 14 days and 5 days; etc.