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Direct MessagesDate/Time: Mon, 29 Apr 2024 06:58:04 +0000
Post From: RMI - Relative Momentum Index
| [2013-11-16 15:22:20] |
| ganz - Posts: 1048 |
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Hey Ronin, I've looked at the links and didn't see any code Let's look into it: /* Relative Momentum Index */ /* AFL code by Prakash Shenoi */ Length=Param("Length?",2,3,20,1);//default =14 or 20 mom=Param("Momentum?",2,3,11,1);//default = 4 or 5 xRMI = RMI(Length,mom); Plot(xRMI, " Relative Momentum Index ("+WriteVal(Length,1.0)+")", 34+4,1 + styleThick); Plot(70,"",colorDarkGrey,styleDashed|styleNoLabel);//OS Plot(30,"",colorDarkGrey,styleDashed|styleNoLabel);//OB Buy = Cross( xRMI, 30 ); Sell = Cross( 70, xRMI ); PlotShapes( shapeUpArrow * Buy + shapeDownArrow * Sell, IIf( Buy, colorGreen, colorRed ) ); GraphXSpace=5; /*Buy and Sell Conditions*/ Buy = Ref(xRMI,-1)<40 AND xRMI > Ref(xRMI,-1); Sell = Ref(xRMI,-1)>70 AND xRMI < Ref(xRMI,-1); Buy = ExRem(Buy,Sell); Sell = ExRem(Sell,Buy); /*End Buy and Sell Conditions*/ rmi part is: Length=Param("Length?",2,3,20,1);//default =14 or 20
mom=Param("Momentum?",2,3,11,1);//default = 4 or 5 xRMI = RMI(Length,mom); Plot(xRMI, " Relative Momentum Index ("+WriteVal(Length,1.0)+")", 34+4,1 + styleThick); Plot(70,"",colorDarkGrey,styleDashed|styleNoLabel);//OS Plot(30,"",colorDarkGrey,styleDashed|styleNoLabel);//OB rmi is Length=Param("Length?",2,3,20,1);//default =14 or 20
mom=Param("Momentum?",2,3,11,1);//default = 4 or 5 >>> xRMI = RMI(Length,mom); <<< so we have no code for RMI from amibroker - this is the "black box" but we have the full code from SC: ASC_Source/studies7.cpp/line_5035 i'll do some research about RMI to compare with the info http://www.tradingsolutions.com/functions/RelativeMomentumIndex.html in case you have this info: Altman's Relative Momentum Index (S&C Feb 1993) - pls let me know Date Time Of Last Edit: 2013-11-16 15:23:32
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