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[EquisMetaStock Group] Re: Relative Momentum Index



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RMI:
RSPer:= Input("Relative Strength Periods", 1, 100, 14);
Mper:= Input("Momentum Periods", 1, 30, 5);
Mper:= Mper - 1;
Moment:=(Typ() / Ref( Typ(), -MPer)) * 100;
UpMom:= (Sum(If(moment>Ref(moment,-1), Abs(moment - Ref( moment,-1)),
0), RSper))/ RSper;
DnMom:= (Sum(If(moment<Ref(moment,-1), Abs(Ref( moment,-1) - moment),
0), RSper))/ RSper;
RSMom:= UpMom/DnMom;
100 - (100/(1 + RSMom))

Enjoy,

Dusant

--- In equismetastock@xxxxxxxxxxxxxxx, "gator1trader" <chasecarney@xxx
.> wrote:
> Does anyone know the formula for the RMI?  I know the "RMI(C,34,5)" 
> that is standard with MS, I would like to get insided the formula 
and 
> tweak it just a little.  
> 
> Thanks in advance,
> Chase


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