Big Mike's Trading Forum
 

Go Back   Big Mike's Trading Forum

> Trading Forums > Platforms and Indicators > NinjaTrader > NinjaTrader Programming


Notices
     

RSI goes RMI -> Relative Momentum Index
Started:April 27th, 2010 (10:31 AM) by max-td Views / Replies:5,365 / 15
Last Reply:May 12th, 2010 (06:42 AM) Attachments:4

Welcome to Big Mike's Trading Forum.

Welcome, Guest!

This forum was established to help traders by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

BMT is fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike
     

Reply
 4  
 
Thread Tools Search this Thread

RSI goes RMI -> Relative Momentum Index

Old April 27th, 2010, 10:31 AM   #1 (permalink)
Elite Member
Frankfurt
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Instrument: FGBL 6E B4
 
max-td's Avatar
 
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 883 received

RSI goes RMI -> Relative Momentum Index

Hi !

i like to change the RSI calculation to another formular that is called RMI - Relative Momentum Index.
it is just a small change but i didnt get it yet.
any mathmatic-genius here with an ideas ?

here are infos + a link :

The Relative Momentum Index is based on a ratio of the average upward changes to the average downward changes over a given period of time. The individual changes are calculated for the given number of days. This is an extension of the Relative Strength Index, which uses a momentum period of 1 to calculate day-to-day changes.

Relative Momentum Index | Nifty Live Charts BLOG

+ a prepared indicator (its RSI) where you can do the formular-change in

thanks for input !

..

max-td
Attached Files
Register to download File Type: cs RSI_RMI_02.cs (7.7 KB, 57 views)
Reply With Quote
     
The following 4 users say Thank You to max-td for this post:
     

Old April 27th, 2010, 10:31 AM   #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

     

Old April 28th, 2010, 02:55 AM   #3 (permalink)
Elite Member
Frankfurt
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Instrument: FGBL 6E B4
 
max-td's Avatar
 
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 883 received


just to make it clear - i need help to get this change done here !

the attached indicator isnt the new one yet !
i attached just a renamed normal RSI.

in thisone the change cośld be done + uploaded again here in its new version !

Thank

BTW - i know this indicator from another plattform i used years ago.
if i have it working in Ninja i want to show an interesting concept with it !

max-td
Reply With Quote
     

Old April 28th, 2010, 09:16 AM   #4 (permalink)
Elite Member
Frankfurt
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Instrument: FGBL 6E B4
 
max-td's Avatar
 
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 883 received

here we go : some code-infos for RMI from diff plattforms ....

http://www.tradesignalonline.com/Lexicon/Default.aspx?name=Relative+Momentum+Index+%28RMI%29

Trader-Online.pl® - MetaStock™ Zone - Relative Momentum Index (RMI)

Relative Momentum Index

VT Trader Help Manual

Download Relative Momentum Index For Amibroker

eSignal Forums - Relative Momentum Index (RMI) - Alternative

max-td

Last edited by max-td; April 28th, 2010 at 10:36 AM.
Reply With Quote
     
The following user says Thank You to max-td for this post:
     

Old May 7th, 2010, 12:00 PM   #5 (permalink)
Elite Member
Leipzig / Germany
 
Trading Experience: Intermediate
Platform: NT / TS, MC and Clones
Broker/Data: Interactive Broker
Favorite Instrument: Futures, Forex
 
Posts: 21 since Aug 2009
Thanks: 21 given, 29 received

Hi Max,

I found some Information about that Indikator in Erich Floreks Book "New Trading Dimensions" (german Edition), and just finished the programming of that RMI Indikator.

To safe ressources I upload it on Ninjatrader, and give there some furter Information about using.

RMI - The better RSI - NinjaTrader Support Forum


Regards
Trendseek

Reply With Quote
     
The following 7 users say Thank You to Trendseek for this post:
     

Old May 7th, 2010, 12:14 PM   #6 (permalink)
Elite Member
Frankfurt
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Instrument: FGBL 6E B4
 
max-td's Avatar
 
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 883 received



The prize goes to Trendseek !

Thanks a bunch - gonna have a look at it + will report !

it looks like only we Florek-reader know about this RMI

max-td
Reply With Quote
     
The following user says Thank You to max-td for this post:
     

Old May 7th, 2010, 12:27 PM   #7 (permalink)
Elite Member
Frankfurt
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Instrument: FGBL 6E B4
 
max-td's Avatar
 
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 883 received

hmm - seems not to work somehow - the zip is not giving out the RSI.
please upload the .cs file into here.

i also saw its exported on NT7 ... gonna see if it works on NT6,5

max-td
Reply With Quote
     

Old May 7th, 2010, 01:00 PM   #8 (permalink)
Elite Member
Frankfurt
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Instrument: FGBL 6E B4
 
max-td's Avatar
 
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 883 received

OK - got it working - thanks to Sam

so use the .cs-file for NT6.5 guys!

Thanks Trendseek again - RMI looks perfect + they way it should !

max-td
Attached Files
Register to download File Type: cs AAARMI.cs (8.0 KB, 74 views)
Reply With Quote
     
The following 3 users say Thank You to max-td for this post:
     

Old May 7th, 2010, 08:09 PM   #9 (permalink)
Elite Member
Houston, TX
 
Trading Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus / Zen-Fire
Favorite Instrument: CL
 
TheWizard's Avatar
 
Posts: 1,260 since Jun 2009
Thanks: 408 given, 2,564 received

Thanks TrendSeek & Max!

I noticed a very striking similarity of the AARMI (default settings) to BigMikes MACDZeroLagColors set at 12,17,9.

Just an observation for anyone interested in either indicator.

The upper panel is MACDZeroLagColors
The lower panel is AARMI
The background is being color by my SMI5, in case anyone was wondering how / what colored the background of the panels.

This is a screenshot from NT7.0 BTW.

After all, it's what you learn AFTER you know it all, that counts![/I]
Attached Thumbnails
RSI goes RMI -> Relative Momentum Index-aarmi-vs-macdzlcolors.jpg  
Reply With Quote
     
The following 2 users say Thank You to TheWizard for this post:
     

Old May 8th, 2010, 04:07 PM   #10 (permalink)
 Vendor: www.integrity-traders.com 
East Rochester, NY
 
Trading Experience: Intermediate
Platform: NT
 
eDanny's Avatar
 
Posts: 323 since Jul 2009
Thanks: 17 given, 410 received


Not surprising. Most oscillators look very similar.

Reply With Quote
     

Reply



Tags
alternative, amibroker, big mike, book, change, chart, code, cycle, cycles, day, day trading, dow, downloads, el, emini, esignal, extension, file, free, functions, globex, historical, hma, how to, import, index, indicator, indicators, indikator, lagging, learning, line, load, macd, manual, metastock, ml, momentum, need help, ninja, ninjascript, ninjatrader, nt, nt7, parameter, period, plattform, price, programming, pullbacks, rsi, schaff, settings, signals, small, strength, support, systems, td, time, trader, trading, tradingsolutions, trend, zone
     

Big Mike's Trading Forum > Trading Forums > Platforms and Indicators > NinjaTrader > NinjaTrader Programming > RSI goes RMI -> Relative Momentum Index

Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
MC Traders dynamic index -> conveting to MC yiman MultiCharts 10 December 30th, 2013 04:48 PM
BLUELINE DELIGHT >>>Intraday Trading Strategy Guide<<< Gabriyele The Elite Circle 407 May 30th, 2013 07:29 AM
First Indicator programing, Text on graph >> Easy language / Multicharts arjfca The Elite Circle 2 September 22nd, 2010 09:05 PM
TIP : Search for free NinjaTrader Indicator on BMT ? >> How to use our searchtools ! max-td Beginners and Introductions 2 July 19th, 2010 06:16 AM
Jobs for musicians, DJs, coder, salesman >> Native Instruments Berlin + L.A. max-td Off-Topic 1 March 18th, 2010 09:43 AM


All times are GMT -4. The time now is 08:26 AM.

Powered by vBulletin®
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Copyright © 2014 by Big Mike Trading. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
 
no new posts

Page generated 2014-04-21 in 0.12 seconds with 20 queries on atlantis via your IP 54.242.85.89