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The RMO

Last post 05-29-2007, 7:37 by hayseed. 1 replies.
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  •  05-27-2007, 5:25 24161

    The RMO

    I have been following Hayseed's thread on Rahul's RMO and have been running the formula's set out through Explorer which has been really useful.

    I am new to writing my own scans and although I see you can change the chart period used for scanning  (Daily, weekly, etc, etc) is there any way to scan to show say the last arrow that appeared was a Blue arrow rather than just the scan showing a Blue arrow appeared in the most recent period?

    Thanks

  •  05-29-2007, 7:37 24189 in reply to 24161

    Re: The RMO

    hey vinny ..... thats a neat idea , thanks for the question...... the barssince function should handle that task for us..... holler back if more is needed .....h

    --------------------------------------------

    {standing blue arrow}

    buy:=Cross(Fml( "SwingTrd 2"), Fml( "SwingTrd 3"));
    sell:=Cross( Fml( "SwingTrd 3"),Fml( "SwingTrd 2"));

    BarsSince(buy ) < BarsSince(sell )

     

    ---------------------------------------------------------

    {standing red arrow}

    buy:=Cross(Fml( "SwingTrd 2"), Fml( "SwingTrd 3"));
    sell:=Cross( Fml( "SwingTrd 3"),Fml( "SwingTrd 2"));

     BarsSince(buy ) > BarsSince(sell )

    ---------------------------------------------------------

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