TradingView.To Strategy Template (with Dyanmic Alerts)
SuperTrend.MACD Strategy

RMI-Super LONG

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Discover the power of the RMI-Super LONG strategy in TradingView. This expertly crafted technique, designed by a professional trader, offers invaluable insights into the market. With its easy-to-use interface, you can seamlessly connect with the pros and cons of trading. Harness the potential of this strategy to make informed decisions and maximize your profits. From identifying trends to spotting entry and exit points, the RMI-Super LONG strategy empowers you to stay ahead of the game. Take advantage of this game-changing tool and unlock your trading potential. Start using the RMI-Super LONG strategy today and elevate your trading experience.

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Description

The “RMI-Super LONG” is not a standard indicator in the realm of technical analysis, and there is no widely recognized formula associated with this name as of my last update in April 2023. It’s possible that “RMI” could stand for a Relative Momentum Index, which is a variation of the Relative Strength Index (RSI), but with a focus on momentum for a given security over a specified period of time.

If we consider that “RMI-Super LONG” might be a proprietary or a less common variant of such an index, it could potentially be designed to provide long-term trading signals by measuring the velocity of price changes, as opposed to the more common short-term signals provided by typical momentum indicators.

A general Relative Momentum Index (RMI) can be calculated using the following formula:

  1. Calculate the Momentum: Momentum_t = Close_t − Close_(t-1). Where:
  • Close_t is the closing price at the current time period .
  • is the closing price periods before .
  1. Calculate the U and D: U=Average of the positive values of Momentum over a period of D=Average of the negative values of Momentum over a period of
  2. Calculate the RMI: RMI=100−(100/(1+U/D))

For a “Super LONG” version of the RMI, one might extend the period to a much longer timeframe than the standard 14 periods commonly used in RSI calculations. This would make the indicator less sensitive to short-term fluctuations and more focused on long-term trends.

FAQ

  1. Can I download this strategy ‘RMI-Super LONG’ for free?
      Yes, this strategy – RMI-Super LONG, like other strategies 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
  2. Where does this Strategy come from?
      The Strategy, like others, is collected from the official website of trading platform TradingView and developers
  3. Can I use RMI-Super LONG on the mobile version of the trading platform TradingView?
      No, strategies can only be used on the web version of the trading platform TradingView.

Additional information

Platform

TradingView
Format

External Link
Price

Free
Safety

Safe
Type file

Strategy
Size

–

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