OmniTrader Forum : Plug-ins for OmniTrader : Relative Rotation Indicator Problem

OmniTrader Forum - Plug-ins for OmniTrader
Relative Rotation Indicator Problem

Posts: 49

Joined: 9/28/2012
Location: Olathe, KS

Subject : Relative Rotation Indicator Problem
Posted : 8/16/2022 12:15 PM
Post #48716

Studying the RRT plugin, I noticed the Colorchart for the RR_Rotation indicator didn't line up with both the Strength and Momentum indicators going positive or negative. Further investigation found that the RR_Momentum indicator (as selected from Chart Settings) value is different than the OmniLanguage indicator RR_Mom when using the same parameters. Omniscans, Setups and Colorcharts are using the RR_Mom OL indicator. An example of RR_Momentum vs RR_Mom is shown in the attached snapshot. I've highlighted this to Barry and he was going to submit a bug report.

Attached file : RR_Mom Compare.jpg (56KB - 231 downloads)

https://www.omnitrader.com/currentclients/otforum/thread-view.asp?threadid=16570&posts=1