The Relative Momentum Index function determines the internal momentum of a field using the number of upward and downward price changes across a given number of bars over a given period of time. 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 … [Read more...]
Application Of Relative Momentum Index
The Relative Momentum Index function determines the internal momentum of a field using the number of upward and downward price changes across a given number of bars over a given period of time. Formula to calculate RMI 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 … [Read more...]
Relative Momentum Index Explained ( RMI Indicator )
The Relative Momentum Index function determines the internal momentum of a field using the number of upward and downward price changes across a given number of bars over a given period of time. 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 … [Read more...]
Average Directional Movement Index Rating (ADXR) Explained
The Average Directional Movement Index Rating (ADXR) indicator is an attempt to quantify the momentum change of the ADX indicator. It was developed by J. Welles Wilder and described in his book "New Concepts In Technical Trading Systems", written in 1978. The ADXR is constructed adding the current ADX value and an ADX value n-Periods ago and then dividing that sum by two. This … [Read more...]
meaning: automated screen trading
Electronic trading in stocks is an electronic trading system for the sale and purchase of securities. Customers' orders are entered via a keyboard; a computer system matches and executes the deals; and prices and deals are shown on monitors, thus dispensing with the need for face-to-face contact on a trading floor.this trading is done through visual display units. It makes … [Read more...]