RPM fx indicator

Hi guys,

Does anyone has the RPM fx indicator for Metatrader?

http://rpmfx.blogspot.com/

http://i260.photobucket.com/albums/ii38/qtmspin/blog/AdvancedLiveCharts_B2C9/image_thumb.png

How to read the RPM Gauge.

The RPM shows the ratio of Buyers to Sellers. A 2 signifies there are 2 buyers for every 1 seller. A -2 signifies there are 2 sellers for every 1 buyer. Please see education section for more information about how to trade this ratio.

http://i260.photobucket.com/albums/ii38/qtmspin/shots/USDCHF60.gif?1282253709661

Please share it.

Many thanks in advance.

http://a.imageshack.us/img822/6020/21764033.gif

I have thought of this. You try it.

http://a.imageshack.us/img834/2590/66985009.gif

http://www.4shared.com/file/bTl__HIA/Fast_Ema.html

Until the author decides to sell this as an independent product, I found this free page from the author:

http://rpmfx.blogspot.com/p/live-forex-sentiment-charts-updated.html

As today is weekend, I cannot confirm if these charts really update in real time. But this page seems to offer live charting of RPM for USDJPY, USDCHF, GBPUSD, GBPJPY. For 3 different timeframes of 30m, 60m, and 4hr.

Also, if you put in your email on this page, he seems to invite you into his Google discussion group, in case anyone is interested.

It does seem like an interesting angle in our perpetual search for winning in the fx market. But it seems to require far more patience waiting for set-ups than I like.

http://a.imageshack.us/img834/2590/66985009.gif

 

http://www.4shared.com/file/bTl__HIA/Fast_Ema.html

Hi minhtri, thanks for sharing. Can you explain a little about your indicator, like how do you use it? From looking at your chart, the blue line seems to precede the price moves. When the blue line moves up a step, the price soon moves up, and when blue line drops down a step, then price moves down. Although it seems different from the RPM concept, there seems to be some predictive ability of the blue line, going purely by your above chart.

Hi minhtri, thanks for sharing. Can you explain a little about your indicator, like how do you use it? From looking at your chart, the blue line seems to precede the price moves. When the blue line moves up a step, the price soon moves up, and when blue line drops down a step, then price moves down. Although it seems different from the RPM concept, there seems to be some predictive ability of the blue line, going purely by your above chart.

Hi joeytrader

You use indicator Pricetrender, and setup in the input: timeframe 60,240, 1Day ...Depending on your use

http://www.4shared.com/file/TRCN_kSQ/PriceTrender.html

Hi minhtri, thanks for sharing. Can you explain a little about your indicator, like how do you use it? From looking at your chart, the blue line seems to precede the price moves. When the blue line moves up a step, the price soon moves up, and when blue line drops down a step, then price moves down. Although it seems different from the RPM concept, there seems to be some predictive ability of the blue line, going purely by your above chart.

Hello joeytrader

This indy posted in the picture above has nothing to do with the first picture shown in post #1 as you already mention. The indy in this post is nothing more then MA's . The way it works is the blue line is the main trend so when the blue line crosses below the yellow line as shown in the picture your into a down trend. The crosses of the green and red lines are nothing more the bounces or retracements . your best bet is to trade the cross of the Blue and yellow lines. This indy can be found on the FOREX-TSD.COM website it was first made around 2006. just go to the website and do a search on 'price tender' you will find lots of other examples. I notice that most of these indys are coming from the tsd website.

how can I get this RPM indicator?

please