Relative Momentum Index

The RMI indicator is based on the RSI indicator. Besides, the indicator compares closing values of following candles with a past candle (distance x candle period). The higher the selected period is, the smoother indicator values become.

The indicator view in the chart.

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It is necessary to open the Indicator settings window for adding and setting this indicator.

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Period - setting of indicator calculation period.

SMA Period - period of the indicator smoothing value.


Source - setting of the indicator calculation parameters:

  • Open
  • High
  • Low
  • Close
  • Volume


Panel/Moving average period - selection of the indicator location in the chart:

  • New panel
  • Chart


Show value - display of the indicator value on the price scale on the left.

Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.

Colour - colour setting of the indicator.

Visual type - visual setting of the indicator display in the chart:

  • Line
  • Histogram
  • Hash
  • Block
  • Cross
  • Square
  • Dots
  • Up arrow
  • Down arrow
  • Axis label
  • Hide

Line style - setting of the line display style:

  • Solid
  • Dash
  • Dash - dot
  • Dash - dot - dot

Width - setting of the indicator line width.

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