Relative Momentum Index (RMI)
Introducing the Relative Momentum Index (RMI), a powerful indicator designed to enhance your trading experience in MetaTrader 5. Developed by a professional trader, the RMI is a valuable tool that measures the strength and velocity of price movements. By analyzing the relationship between the current price and the previous price, the RMI helps identify potential trend reversals and overbought/oversold conditions. With its user-friendly interface and customizable settings, the RMI seamlessly integrates into your trading strategy. However, like any indicator, it has its pros and cons. While the RMI provides valuable insights, it should be used in conjunction with other indicators for more accurate predictions.
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Description
FAQ
- Can I download this indicator ‘Relative Momentum Index (RMI)’ for free?
- Yes, this indicator – Relative Momentum Index (RMI), like other indicators presented on the site, is free, with the exception of those where there is a fee, they are available only on the official website of the developer
- Where does this Indicator come from?
- The Indicator, like others, is collected from the official website of trading platform MetaTrader 5 and developers
- Can I use Relative Momentum Index (RMI) on the mobile version of the trading platform MetaTrader 5?
- No, indicators can only be used on the web version of the trading platform MetaTrader 5.
Additional information
| Platform | MetaTrader 5 |
|---|---|
| Format | ZIP |
| Price | Free |
| Safety | Safe |
| Type file | Indicator |
| Size | 287kB |
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