It also offers a bunch of fields and signals ranging from Bollinger Bands, Candlestick Patterns, Moving Average Convergence Divergence, Moving Average Crossovers, Relative Strength Index, and Stochastics.Īside from its flexibility, the PowerScreener can scan a trader’s personalized stock list on indicators based on his preferred timeframes. Besides that, traders can search for the exact RMO Trade Model setups, including 3D Buy and Sell configurations, and incorporate those in their trading plans. It gives a trader access to real-time alerts for all strategies and indicators. The PowerScreener feature of this indicator lets a trader deal with his traders, instead of the mere trade analysis. Mohindar created RMO ATM for improved trade detection See also: Wide range of InstaForex technical indicators. When using RTO ATM, a trader can receive voice and email alerts, allowing them to concentrate on discovering opportunities and improving their trading. Since RTO ATM delves into volume data and performs proprietary trend detection, expect the indicator to send precise signals on upcoming trade opportunities. This trading tool is capable of measuring volatility. Not only that, RTO ATM helps an investor catch sideways zones to safeguard himself against the usual whipsaws. It also has an exclusive quote window equipped with automatic live scanners. The latest version of RTO ATM now features automated scanning, coupled with breakout and counter-trend trading strategies. RTO ATM helps a trader not to miss any trend breakouts and reversals since the system goes beyond price and factors in volume and volatility. RMO indicator detects a bearish or bullish trendĪfter developing the RMO indicator, Mohindar designed another indicator to further increase the trader’s chance of gaining more profits through automated analysis and trade detection.
This indicator comes with three input parameters: the period of the first signal line, the period of the second signal line, and the price applied by this trading tool for the computation. But if the red line meets the blue line and moves beneath it, a bullish trend is looming. If the red line comes across the blue line and descends below that line, a bearish trend is imminent. Once the blue line and the red line meet halfway, it generates trading signals that are accompanied by greater risk. The RMO indicator includes two anticipating lines. It is advisable for any investor to trade in the junction between the oscillator line and the zero line. Try Forex indicators in MT4 with $1000 No Deposit Bonus now! Conversely, if the RMO is negative (lower than zero), the trader should focus on red sell arrows with red bars. If the RMO is positive (higher than zero), the trader should search for blue buy arrows with blue bars. Here’s what a trader has to look out for. If the market exhibits multiple swings, a longer-term major trend is forthcoming. The RMO indicator was originally created to loosen swings in the financial markets due to greater volatility. Aside from that, it works on MT4 or MT5 trading platforms. This trading tool can be used across any timeframe and any currency pair. Mohindar’s RMO indicator can make our lives easier when it comes to looking for the primary trend in the instrument’s trading value. Rahul Mohindar Oscillator is developed by Viratech director Rahul Mohindar Traders seek to capitalize on the prevailing trend, may it be an uptrend or downtrend. Generally speaking, trends will give a hint of whether to buy or sell securities. Some traders opt to go with the flow while others would rather pinpoint reversals or move against the current direction. It is important for traders to learn a thing or two about finding trends. Created into MetaStock, the RMO indicator remains one of the most effective and popular indicators today.Īs stated above, the main objective of the RMO indicator is to detect a trend, the general direction of a market or an asset. It works on open-high-low-close bar charts for different kinds of securities including commodities, foreign exchange (forex), and stocks. Mohindar developed the RMO indicator to spot the overall direction in the financial markets. He has also spoken in various trading conferences or seminars. A seasoned technical analyst and trainer, Mohindar is regularly featured on numerous media outlets such as CNN and CNBC. Mohindar is the director of Viratech, India’s leading technical analysis solution provider. The RMO indicator is named after Rahul Mohindar, the brainchild of this trading tool.
But what is this RMO indicator that some people are talking about? Can it detect trends? Let’s find out. The Rahul Mohindar Oscillator (RMO) is the one trading tool that can help traders achieve their heart’s desire. RMO indicator works on securities like commodities, forex, and stocks