Relative Momentum Index RMI

Relative Momentum Index RMI

 

Relative Momentum Index RMI

 

The RMI is derived from the Relative Strength Index (RSI). While RSI counts up and down days from close to close, the Relative Momentum Index counts up and down days from the close relative to a close x number of days ago.

 

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Mr Sébastien le Bon from France sent us that Indicator.

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