Hi all,

I' m a newbie in metastock and i' m starting to use the RMO + SwingTrd + Market Trend as an expert advisory.
Has anyone found a way to avoid the false - delayed signals? -And they are many :(
If so would you be so kind to share your expertise with us ?
If this is already posted in the forum please excuse this unnecessary post.
I will really appreciate your reply.

Many thanks for your superfast reply.

I had already followed these tutorials, but it was a good chance to give them a 2nd quick look.
I was satisfied with the result of the RMO but I'm always looking for anything better.
I must say that the faulty signals (even though I'm following the rules of Mr. Mohindar and taking only the proper signals) are more than enough.
It seems that i must try the new packet that Mr. Mohindar released and hopefully this will provide me better tips for buy and sell decisions.

Are you looking for the code that aligns the buy and sell signals with the corresponding colored bars? If so, try this:

For Buy Signals....

lp:=(Fml("SwingTrd 2")>Fml("SwingTrd 3")) AND
(Fml("SwingTrd 2")) > 0;
Cross(lp,0.5)

For Sell Signals....

sp:=(Fml("SwingTrd 3")>Fml("SwingTrd 2")) AND
(Fml("SwingTrd 2")) < 0;
Cross(sp,0.5)

You can use these to create audible alerts for the RMO as well, which annoyingly does not come as a standard feature in Metastock.

The above code for signals do not take into account the actual RMO indicator to further confirm the long or short signals. It can be added in though if you want to. Here's how...

For Buy Signals with RMO full alignment...

lp:=(Fml("SwingTrd 2")>Fml("SwingTrd 3")) AND
Fml("Rahul Mohindar Osc (RMO)") > 0 AND
(Fml("SwingTrd 2")) > 0;
Cross(lp,0.5)

For Sell Signals with RMO full alignment...

sp:=(Fml("SwingTrd 3")>Fml("SwingTrd 2")) AND
Fml("Rahul Mohindar Osc (RMO)") < 0 AND
(Fml("SwingTrd 2")) < 0;
Cross(sp,0.5)

I personally like the RMO Swing Signals, but not the actual RMO so much. I use Pivot lines for confirmation of the Swing Signals instead, and I find that that works much better.

Hope this helps you.