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Is there a way to include the Ramona Buy Signal in the following in the exploration ??
Fml( "Rahul Mohindar Osc (RMO)") > 0 AND Fml("SwingTrd 2")>0 AND
Fml( "SwingTrd 2") > Fml("SwingTrd 3")
Thanks in advance
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Looking forward to Jose's advice on this one . . . . . . .
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Bill, I have some homework for you. It will take about 5 to 6 minutes of your time. Read these two threads, from start to finish, then report back here with your findings: http://forum.equis.com/forums/thread/22880.aspxnbsp; You MUST read both threads from start to finish, no shortcuts, no skipping over bits. Make sure to visit the links in the posts too. wabbit [:D]
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Wabbit, I know this is the black box and I don't like to black boxes. But I do like RMO and do trade on its signal. I also do get confirmation from other systems before I put a trade like MACD, RSI, STOCH etc... I just want to keep on eye on RBS to see what it says. that is the only reason I want that exploration. Questions for you.
When you say it is dynamic, what do you mean by that ?? and
Is it possible to create the exploration for RBS ???
Thanks in advance,
PS. and yes I read those thread from head to toe, I still don't think we should take this system as joke thou [:D] .
Bill
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Rank: Advanced Member
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Bill, The RMO is not a blackbox; it has been well publicized exactly how it works. The RBS on the other hand is a blackbox, the author Jose Silva wrote it as a joke. The instructions provided with it say it is NOT to be traded in any way. "Dynamic" means it uses uses hindsight to make its decisions. Now hindsight is a wonderful thing but you cannot trade in hindsight. Dynamic codes, like Zig(), Peak() and Trough() etc use hindsight to make their 'descisions' i.e how does the Peak() function know when the peak actually occurs? I has to wait until the price on the latest bar has fallen x%, if it has then on the peak some number of bars ago it draws a line! Dynamic indicators are how makers of blackbox systemsmake their results appear so good. DO NOT TRADE THE RBS SYSTEM OR USE IT AS PART OF ANY OTHER TRADING SYSTEM jose wrote:
Disclaimer:
==========
This system's signals must not be traded under any circumstances
- no exceptions! It is only intended as an excitory & educational aid.
The RBS system is not offered for the purpose of encouraging or
soliciting investment.
Please note that as a true black-boxed system, the Ramona Bands'
MetaStock code is not available for disclosure or sale. The code to the
Ramona Bands indicator will not be divulged under any circumstances.
Suppot for this free system is not available, and any correspondence
based on the RBS system will be duly ignored.
WARNING:
DO NOT TRADE THE RBS OR ANY OTHER BLACK BOX SYSTEM.
DISSAPOINTMENT AND LOSS OF CAPITAL ARE SURE TO ENSUE.
Happy paper-trading,
jose
wabbit [:D]
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Thanks Wabbit for the clarification. I will not trade using that system.
But damn ! On the charts it looks pretty good :) I thought I found the "Holy Grail" :).
And bigger thanks to you, Jose,Hayseed, Henry,Uasish and many others (Too many to name here) who are providing the best help you can get on this forum.
Thanks again.
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hate to sound like a babe in the woods, but I've got MS10 & nowhere, not in the manual nor in the Formulas can I find any reference to Ramona or Rahul Mohindar or fml(swingTrade) or anything etc etc etc.
why is this, please explain.
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Amory, you can find the one & only original Ramona Bands System at MetaStockTools.com.
More details on the RBS here.
jose '-)
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Rank: Advanced Member
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Thanks very much, Jose. hope they're treating you alright [:)] up there.
best regards
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If you find yourself "taken by storm", be sure to let us know. We're compiling a list.
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Rank: Advanced Member
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PTJim wrote:If you find yourself "taken by storm", be sure to let us know. We're compiling a list.
for purpose of insurance assessment, no doubt? we're getting lots of storm damage, flooding, road collapse, trees uprooted, death & destruction & general mayhem right here in New South Wales. "taken by storm" would sum it up nicely.
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