Watch how to download trading robots for free

Find us on Facebook!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:: 3116
Rating:: (13)
Published:: 2018.03.01 09:28

RMI_Histogram.mq5 (20.19 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Relative Momentum Index implemented as a color histogram with an indication of overbought and oversold zones.

RMI (Relative Momentum Index) was developed by Roger Altman and was first published in 1993 in the 'Technical Analysis of Stocks&Commodities' magazine. RMI is a stochastic, which can be used for improving the quality of Relative Strength Index (RSI). It generates signals when the price reaches the overbought or oversold zone.

Fig.1. The RMI_Histogram indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19629

Exp_XFatlXSatlCloud_Duplex

Two identical trading systems based on the change in the color of XFatlXSatlCloud for long and short trades, which can be configured in different ways in one Expert Advisor.

XRSXTrend_NRTR

A semaphore signal indicator using the XRSX oscillator, which is similar to BykovTrend with an NRTR line based on the values of the ATR indicator.

Cointegration

The indicator calculates and displays a linear relationship between two or more financial symbols.

ColorSRoC

The smoothed S-RoC indicator of the relative price increment by Fred Shutsman.

RMI_Histogram - indicator for MetaTrader 5