TZack88

RMI Trend Sniper

TZack88 Diupdate   
The "RMI Trend Sniper" is a powerful trend-following indicator designed to help traders identify potential buy and sell signals in the market.

It combines elements of the Relative Strength Index (RSI) and the Money Flow Index (MFI) to provide a comprehensive view of market momentum and strength.

๐Ÿ”ทKey Features:

๐Ÿ”นCustomizable Settings: Tailor the indicator to your trading preferences with customizable input parameters, including RSI and MFI lengths, threshold levels, and visual settings.

๐Ÿ”นMomentum Signals: The indicator generates clear bullish and bearish momentum signals, allowing you to spot potential trend reversals or continuations.

๐Ÿ”นThe positive condition considers the previous RMI value, current RMI value, and positive change in the 5-period exponential moving average (EMA) of the closing price.

๐Ÿ”นThe negative condition looks at the current RMI value and negative change in the 5-period EMA.

๐Ÿ”นVisual Bands: Visualize market volatility with dynamically plotted bands around the Range Weighted Moving Average (RWMA), providing insights into potential price fluctuations.

๐Ÿ”นCandlestick Coloring: Easily identify bullish and bearish conditions with color-coded candlesticks, helping you make informed trading decisions.

The "RMI Trend Sniper" is a versatile tool suitable for traders of all experience levels. Whether you are a novice or an experienced trader, this indicator can help you enhance your technical analysis and improve your trading strategies.
Catatan Rilis:
Minor code change
Catatan Rilis:
Alerts Added .

Skrip open-source

Dalam semangat TradingView, penulis dari skrip ini telah mempublikasikannya ke sumber-terbuka, maka trader dapat mengerti dan memverifikasinya. Semangat untuk penulis! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.

Inggin menggunakan skrip ini pada chart?