Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=59124
Forum: 38 · Topic 59124 · 5 post(s)
Alexander.Gettinger · Wed Aug 14, 2013 2:46 pm
Original LUA oscillator: viewtopic.php?f=17&t=41106.
Formulas: RMO[i] = 100x/(MaxPr-MinPr), First signal = EMA(RMO, Length1), Second signal = EMA(First signal, Length2), where x[i] = Price[i]-(10Price[i]+55Price[i-1]+165Price[i-2]+330Price[i-3]+462Price[i-4]+462Price[i-5]+330Price[i-6]+165Price[i-7]+55Price[i-8]+11Price[i-9]+Price[i-10])/2046, MaxPr, MinPr - maximum and minimum prices at range from (i-10) to i.
Download:

martc911 · Tue Oct 29, 2013 5:45 am
Hi There, this is a cracking indicator and I am getting some great trades using it Thanks.
However, can you make it even better by adding an alert when the green line crosses over the 2 MACD lines. Can you code it so that I can add my own sound files please.
Thanks for all the great stuff you do
Apprentice · Thu Oct 31, 2013 12:03 pm
Your request is added to the development list.
Alexander.Gettinger · Mon Dec 17, 2018 10:47 pm
Please try this version of the indicator:
Apprentice · Mon Apr 08, 2019 7:37 am
Advanced RMO.mq4 added.