This Rahul Guy is a !!!!
I was recently on the equis forum and found this.
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Re: How does the RMO work?
Reply Quote Favorites Contact Mea Culpa black_dog,
I have re-engineered and renamed the indicators on my system hence my oversight about what others will be seeing on their system. I have also tweaked my components trying to get better results from the core functions, so I barely see the original codes any more.
With the RM system, there are four functions:
Swingtrd 1
Swingtrd 2
Swingtrd 3
Rahul Mohindar Osc (RMO)
The Rahul Mohindar Osc (RMO) code is NOT the core component of the system, Swingtrd 1 is the core of the system and is identical to the Rainbow Oscillator:
Swingtrd 1 = Rainbow Oscillator
Swingtrd 2 = 30 EMA of Rainbow Oscillator
Swingtrd 3 = 30 EMA of 30 EMA of Rainbow Oscillator
Rahul Mohindar Osc (RMO) = 81 EMA of Rainbow Oscillator
If you plot the Rainbow Oscillator and Swingtrd 1 - - they will be identical. I will re-badge my indicators back to their original names to avoid this confusion again. Sorry for any inconvenience.
Hope this clears it up.
wabbit
P.S. I suppose I should re-analyse the inner workings of the canned RM system?
I don't think it will make too much difference, we still have a volatility divided by volatility measurement, but now we are also taking a EMA of that value. The height problem is still there, and in essence the system is still a MA Crossover system.
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http://forum.equis.com/forums/permalink/23153/23222/ShowThread.aspx#23222