Watch how to download trading robots for free

Find us on Facebook!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

RMO.mq5 (16.22 KB) view

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The RMO oscillator has been created by Rahul Mohindar. The purpose of the oscillators is to find trends.

The general recommendation is to trade in the direction of the intersection between the oscillator line and the zero line.

This indicator is provided with two "anticipating" lines - their crossover provides earlier signals, though with a greater risk.

The indicator has three input parameters:

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20434

REMA

Regularized EMA by Cris Satchwell.

PVI_Smoothed

Smoothed Positive Volume Index

Simple_Support_Resistance

An indicator of current support/resistance levels.

Trailing_Stop_Level

An indicator of StopLoss levels.

RMO - indicator for MetaTrader 5