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RM Formula

This document provides a formula and definitions for calculating an RM Point based on high and low points within a period. The formula takes the number of days between two highs or lows and multiplies it by the point difference between the center and last point, divided by the point difference between the two highs or lows to get the RM Point.

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Charles Amadeo Thomas Manrique Nugent
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170 views1 page

RM Formula

This document provides a formula and definitions for calculating an RM Point based on high and low points within a period. The formula takes the number of days between two highs or lows and multiplies it by the point difference between the center and last point, divided by the point difference between the two highs or lows to get the RM Point.

Uploaded by

Charles Amadeo Thomas Manrique Nugent
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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D

E
C

B F
A=1st high or low
B=Low or High Between 2 Points
C=Last Low or High
D=Days Between the Two Highs or Lows RM Point
E=Point Difference Between Two Highs or Lows
F=Point Difference Between Center and Last Point

(D) X (F) / E = RM Point

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