Hi,

I use Metastock 10.1 and I am going month to month with Mohindars RMO trying to decide if I really need it enough to pull out the bucks for a year'subscription. The standard Templates and screens that came with the software give essentially the same information but I like the presentation of the plug in data and it is a little more helpful with volume. I can of course just look at the volume in relation to a 50 days or so EMA and make a judgment of that. I just kind of like having the confirmation.

That said, I think the plug in might be quite useful in timing day trade entry and exits points. I am not a day trader but it can add up to a lot of money as to whether a trade has odds of hitting a good price when executed during the day of the transaction.

I think the Swing Trade module template might give good information in this regard, but I really need some help from someone who has trod here before.

I am knowledgeable as regards the rules that Mohindar lays down for Swing Trading using this model but I have no idea as to what time frame might be good. Of course I can use anything from Tics to an hourly or more chart (with the inherent delay in my RT data which I can always double check in real time to make sure a disaster has not struck in the last 15 minutes).

Does any of the group try to time mid day entry and exits using the RMO and if so how do you go about it?? Or is there another approach that might be effective?

As always, any and all help much appreciated.

Bill Saxon

Thanks, Wabbit

You are a very knowledgable fellow and I appreciate the help. Your advice was most helpfull. Has anyone "broke the code" for the RMO templates? Or is that an improper question?

Might I ask one more question? Is there a way to have a line on the Chart that would represent a 5% Trailing Stop??

Thanks again, Bill