Is this the correct formula for calculating the ''traditional'' S1, S2, R1, R2 pivots?R#2:=((H+L+C)/3) - (2*((H+L+C)/3) - H) +(2*((H+L+C)/3) - L);R#1:=2*((H+L+C)/3) - L;S#1:=2*((H+L+C)/3) - H;PP:=(H+L+C)/3;S#2:=((H+L+C)/3) - (((2*((H+L+C)/3) -L)-(2*((H+L+C)/3) - H)));R#2;R#1;PP;S#1;S#2;

I would tend to agree with that interpretation. There are alot of Black Box systems out there and most are either too complex to be used on a daily basis or the system is just too expensive. I just spent the last several hours watching the training videos and I am not really sure if it is worth the cost. If I decide to try it, I will simply do the ...

Excuse the interruption for the since the last update, but I was away from home for a few days and had some other business to attend to... The RMO system is truly a winner. I don't know if it has been more a function of the overall market or what, but the RMO Buy/Sell signals have been fantastic. My opinion is that is works better on Daily ...

Good Week. Even though the markets were choppy and difficult to trade, I did really well. One thing that I want to share with everyone is an observation that I made just yesterday. I should have noticed it sometime sooner, but I guess I wasn't looking hard enough. The Buy / Sell arrows are very closely related to MACD crossovers. Each time a

Overall, a pretty good week. The RMO system definately improved my results and the bottom line. It was a tough week thoug for the markets. The overall market is certainly overbought and therefore the intraday moves were, for the most part, very small. So, it was not a hugely profitable week for me because of that. I am still impressed by ...

I have decided to post a weekly diary on my experience using the new RMO system. I want to do this so that other users can learn from my experience and I am also interested in helping other traders be successful. I am a non-pro trader (equities only) with about 5 years experience. I trade full-time from home and have been decently successful, ...

I am looking for a formula to use with the Enhanced System Tester that will find the ''best'' moving average crossover for Daily charts. Ideally there would be a slow moving average and a fast moving average. and then it would test all periods between 1 and 100 (just a range to suggest, but obviously could be modified). Thanks.

Thanks for the reply. Keep me posted.

If you have any experience with Walter Bressert's Profit Trader, please post a reply. I would like to know how you like the Plug-In and see what advantage is has given you. Thanks.

I am looking for an Exploration Formula that will help me identify a highly reliable pattern in which a stock has broken up through resistance and is now testing that former resistance as support. Of course, this leads to big breakouts many times. Is there any way I can test for or look for stocks that are ''testing support'' in the context of ...