Relative Momentum

Relative Momentum is an advanced indicator that shows a trend continuation near its 50 value for any market and timeframe. An ascending indicator over 50 is associated with a buy signal, and a descending period with the indicator under 50 can be a sell. The Relative Momentum indicator gives us positive expectancy and good returns if it is combined with any of the Cyclicality indicators. The Relative Momentum indicator has a specific optimal period for each market and timeframe.

Version: 1.55
Last update:

The efficiency of the Relative Momentum indicator was proved during the time, having a very precise evolution, especially in the long-time intervals (H1, H4, D1) for every market. For the small timeframes (M1, M5, M15, M30), the Relative Momentum must be combined with other known indicators like RSI, CCI, MACD for a good return. The indicator can be successfully used for manual trading or can be automated by importing the specific data series. The Relative Momentum is an important part of the algorithms included in successful expert advisors like Dow Jones Predictor, Gold Predictor, Nasdaq Retractor, or DAX Retractor.