█ Introduction and How it is Different The "PresentTrend RMI Synergy Strategy" is the combined power of the Relative Momentum Index (RMI) and a custom presentTrend indicator. This strategy introduces a multifaceted approach, integrating momentum analysis with trend direction to offer traders a more nuanced and responsive trading mechanism. BTCUSD 6h L/S...
█ Introduction and How It Is Different The "RMI Trend Sync - Strategy " combines the strength of the Relative Momentum Index (RMI) with the dynamic nature of the Supertrend indicator. This strategy diverges from traditional methodologies by incorporating a dual analytical framework, leveraging both momentum and trend indicators to offer a more holistic market...
ARSIX I have written this indicator after two years of continuous experience in writing and backtesting for several different indicators, and I believe that this indicator with its high capabilities can show you the best point of entry into the market as well as exit from it. arsix should work with any time frame and any instrument used. This indicator has many...
ADW - Momentum is a trading indicator based on the Relative Momentum Index (RMI) and Exponential Moving Averages (EMAs). This indicator plots the RMI along with its EMAs and highlights regions where RMI crosses its slow EMA. Additionally, it provides alerts when the momentum flips bullish or bearish. Key Features: The RMI helps to identify momentum in the...
This indicator defaults to; Period: 20 Look Back For Momentum :5 OverBought: 80 OverSold :20 of a Relative Momentum Index indicator; 1- RMI value according to the candle duration selected in the chart, (black) 2- RMI value according to pure 3D candles with the security() function, (blue) 3- With the security() function, the RMI value according to pure 1W candles,...
DESCRIPTION 1. Calculates %R and RSI with multiple period lengths. 1 period length value is defined by User. 8 period length values follow User's selection of classic number sequences, e.g. Fibonacci, Leonardo, Lucas, Narayana, etc. 2. User selects which indicator and periods to display or hide. DEFAULTS %R default custom period: 10. RSI default custom...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
RMI is a combination of RSI and MFI oscillators which considers money flow and strength of supply or demand together. It estimates that the money of which side is being ran out. So the power of trends can be predictable approximately. Where the green columns appear, it means demand is very high and it can fall because buyers may withdraw and sell their assets. And...
This is a strategy utilizing multiple of Evergets RMI (thanks to him for permission to publish) and a Chance Momentum. It buys when 4 of the RMIs are below their thresholds and sells when they are above. There is a 5th one I added last night that works in Reverse - buy when its above and sell when below, which should work better for pyramiding strats by using it...
The Relative Momentum Index (RMI) is a sibling to the RSI. Where the RSI measures trend based on the average (RMA) of gains and draws over a length of time , the RMI measures based on the SUM of gains and draws . Myself and many others have found that the RMI oscillates better than the RSI does. I paired the RMI with the oscillation method the Fisher...
What is it? RMI & EMA based momentum oscillator to act as a supporting indicator to the rest of the Tradespot indicator suite. Combined trading is made intuitive and accessible to traders of all levels. Momentum can help you confirm an existing trade, whether to hold position and avoid fakeouts. or it may let you know when the market is losing steam for example...
It's a remake of the previous script but for use in reverse positions at the same time. In this script the reality could be even better than the Backtest, because, only close the position with profit, so profitability should be 100%, and Longs and Shorts don't mix because they are independent. In real trade, you need an exchange that allows you to go in reverse...
It's a remake of the previous script but for use in reverse positions at the same time. In this script the reality could be even better than the Backtest, because, only close the position with profit, so profitability should be 100%, and Longs and Shorts don't mix because they are independent. In real trade, you need an exchange that allows you to go in reverse...
This script is the same as NOT-ONLY-LONG but without the security() function. It use the following indicators: RMI + ADX + RSI + ICHIMOKU cloud only. The fuchsia dot is the average price of the positions. The Take Profit is calculated from there. It does not have Stop Loss, instead it makes a re-entry to try to improve the liquidation price. Enjoy!
This Script is the second part of the previous one. In this second part it includes Longs and also Shorts. It is a little conservative, and is mainly used for swing trading. It can be used for everyday trading or if you’re using it for automated trading, you don’t necessarily need to run it as a bot. But you can do so if you want. To set it up without running it...
Este Script es la segunda parte del anterior. Es para Longs y también para Shorts, es un poco conservador, y es para un trading tipo swing trading y se puede utilizar en modo manual también. No necesitas conectarlo a un bot para trading automático, o sí, como quieras. Pero, solo con crear las alertas que te avisen al móvil, tú mismo podrás poner la orden. Quizá es...
Let's try the Version 4 ... This script is only for long positions. It's based on the conjunction of RMI + ADX + RSI for entries and only with Take Profit to close the position. It doesn't have security (), nor Heikin Ashi, so the Backtest is Real. Use always 'Once per bar'. It doesn't repaint absolutely nothing at all. Timeframe: 15 minutes Have fun...
▼ This is the study version of the script, For usage with Autoview ◊ Introduction This script makes use of three RMI's and SMA's, that indicate Overbought/Oversold on different Periods that correspond with Frequency’s that move the market. ◊ Origin This is an update on █▓▒░ CMYK ♦ RMI ♦ TRIPLE ░▒▓█ ◊ Usage This script is intended for Automated Trading on the...