Available translations

Rahul Mohinder Oscillator

Summary: Rahul Mohinder Oscillator (RMO) takes an average of ten recurseively calculated simple moving averages (SMA) and calculates the average rate of change on the result.
RMO on the Charts
This indicator calculates displays the result of the ratio of the SMA calculations as a hitogram to show the overall trend of the price action.
Products & Properties
The following properties are available to access:
Product Name Product Variable Properties
RMO rmo value, trend
The lengths of the indicator's moving averages can be changed by locating and opening the Javascript Code under Data Building Procedure -> Procedure Loop under "Rahul Mohinder Oscillator" Procedure Loop.
This indicator can be used to enter a trade when the value rises above zero:
 chart.at01hs.rmo.value > 0 && chart.at01hs.rmo.previous.value <= 0
Trend Confirmation Index
Recursive Median