In appreciation of admis and other educators

[rondonelli]

I am posting rmo system which I was able to educate based on following thread

 

http://indo-investasi.com/showthread.php/26902-Learn-Edu-me-101-Ninjascript-C

 

This has been a hell of a thread where I actually learned something useful about education.

 

This is famous rmo system popularized by metastocks several years ago, it is not current one they are using. Code for this has been available publically online for several platforms except ninja and system posted on bigmike does not work as good as original. System was done privately for ninjatrader by a friend who actually introduced me to this.

 

I've been using this for over six months now for day trading usa futures, mostly couple trades a day with pretty good results on three minutes charts, I have not tried it on other time frames, it worked for me therefore I just kept going, I also use it for stocks on daily charts. It is self explanatory you buy when everything is in your favor and sell when everything aligns, I usually take first signal in the trend, place stop nearby high or low, profit taking depends on market volatility and I admit I am not consistent on taking profits. You have to find your own stops and profit targets

 

I enclosed two screenshots in the downloadable zip file to illustrate. Link is below.

 

https://www.sendspace.com/file/eqiiyo

 

I hope it will be useful for someone.

[⭐ Meow]

Thank you for posting, I opened the screenshots, but what is the buy/sell signals exactly? The arrows, or something else? Short explanation would be appreciated.

[rondonelli]

Yes arrows and look at other two subgraphs too, for buy an up arrow with cyan candle and positive subgraph 1 and bottom subgraph should be green dots. For shorts reverse the above. I only take first signal in the trend if it fails then I go for second signal