
03-31-2006, 12:39 PM
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Senior Member
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Join Date: Oct 2005
Posts: 175
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Can you please post the relative momentum index for MT4
thank you
emeric
Quote:
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Originally Posted by tokyowalker
hi guys ..it s been a while i m using the relative momntum index as my only indicator and the results are amazing ..this indicator is a winner...
the problem is i m using it on metastock and i wonder if someone can make the code for metatrader ....
buy order : Cross(RMI(C,20,5),30)
exit : Cross(70,RMI(C,20,5))
sell short order : Cross(70,RMI(C,20,5))
exit : Cross(RMI(C,20,5),30)
i hope someone can help us here ....
here are the results for 2 years backtesting (manually) 1h charts:
usdjpy 2079 pip
eurgbp 610 pip
eurjpy 1284 pip
eurusd 2930 pip
gbpusd 3529 pip
usdchf 2383 pip
as you can see no loosing pairs in the long run , and we can even improve it more ..
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