RMO Trade Model
The RMO Trade Model consists of 4 key modules:
This module detects the primary trend of the instrument’s trading value.
SwingTrader (Indicators & Expert)
This module detects each swing within a trend and automatically places red (Sell) or blue (Buy) arrows on the price chart at these points.
This module colors the OHLC chart bars red (bearish) or blue (bullish) indicating the prevailing sentiment
Exit Swing Indicator
This module is used only when registering a profitable trade as a trailing stop loss and works well as an exit signal.
The RMO was developed to smoothen out multiple market swings, indicating a longer term major trend. If the RMO is positive (above zero) you should look for blue Buy arrows with blue bars.
If the RMO is negative (below zero) you should look for red Sell arrows with red bars.