Calculating the Rahul Mohindar Oscillator from Smoothed Price Swings

Summary

This note explains a variation of the Rahul Mohindar oscillator as a histogram with signal pointers. Its inputs are three EMA periods and an applied price. The calculation first builds a swing-trading value by comparing the applied price with an average formed from ten recursively smoothed moving-average components, then normalizes that difference by the high-low range over the stated bar window. An EMA of the swing value produces the oscillator.

The document supplies the formula structure but does not explain how to interpret histogram colors or signal pointers, define entry and exit rules, or assess performance. It also does not give parameter values, market or timeframe guidance, or empirical evidence. The description is therefore useful as a construction outline for the indicator, but it is not a tested trading strategy, and implementation details such as the range window and treatment of prior values should be checked against the original indicator before use.

Key ideas

• The oscillator smooths a normalized price swing using an EMA.
• Its swing measure compares applied price with a recursively smoothed average of ten components.
• The normalization uses the high-low range over a specified bar window.
• The note describes construction but provides no trading rules or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.