Description

• RMO, developed by Mr. Rahul Mohindar at VIRATECH can be used across various time-frames for stocks
• It detects the primary trend and was developed to smoothen out multiple market swings

Interpretation

• Helps in understanding the bullishness and bearishness of primary trended markets wherein buy and sell trades can be executed
• If the RMO is positive i.e. above zero, then the primary trend is up and buy signal is generated
• If the RMO is negative i.e. below zero, then the primary trend is down and sell signal is generated

Default Parameters Used/Inputs

• Data Line
• RMO Smoothing

Returns/Output

Buy and Sell Signals

Formula