jmwaraujo Posted August 19, 2010 Report Share Posted August 19, 2010 (edited) 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. Edited August 19, 2010 by jmwaraujo Quote Link to comment Share on other sites More sharing options...
crodzilla Posted August 20, 2010 Report Share Posted August 20, 2010 No one has it yet. Still in development. Quote MarketCycle-360.com Link to comment Share on other sites More sharing options...
⭐ fxus Posted August 21, 2010 Report Share Posted August 21, 2010 Looked very interesting. I would like to find out when RPM will be available ? Anyone has any idea ? Also, I did not find a good e-mail address to send them any question. I will buy this one if some one knows how to get hold of them. Quote Link to comment Share on other sites More sharing options...
minhtri Posted August 21, 2010 Report Share Posted August 21, 2010 http://a.imageshack.us/img822/6020/21764033.gif I have thought of this. You try it. Quote Link to comment Share on other sites More sharing options...
minhtri Posted August 21, 2010 Report Share Posted August 21, 2010 (edited) http://a.imageshack.us/img834/2590/66985009.gif http://www.4shared.com/file/bTl__HIA/Fast_Ema.html Edited August 21, 2010 by minhtri value_, ⭐ whinny, joeytrader and 3 others 6 Quote Link to comment Share on other sites More sharing options...
joeytrader Posted August 22, 2010 Report Share Posted August 22, 2010 (edited) 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. Edited August 22, 2010 by joeytrader Quote Link to comment Share on other sites More sharing options...
joeytrader Posted August 22, 2010 Report Share Posted August 22, 2010 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. Quote Link to comment Share on other sites More sharing options...
minhtri Posted August 22, 2010 Report Share Posted August 22, 2010 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 joeytrader, wakjoe, jmwaraujo and 2 others 5 Quote Link to comment Share on other sites More sharing options...
German Posted August 25, 2010 Report Share Posted August 25, 2010 (edited) 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. Edited August 25, 2010 by German website address joeytrader 1 Quote Link to comment Share on other sites More sharing options...
soil82 Posted May 31, 2014 Report Share Posted May 31, 2014 how can I get this RPM indicator? please Quote Link to comment Share on other sites More sharing options...
dannydon786 Posted June 1, 2014 Report Share Posted June 1, 2014 these indicators are all painting therefore useless Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.