RMI & based momentum oscillator to act as a supporting indicator to the rest of the Tradespot indicator suite. Combined trading is made intuitive and accessible to traders of all levels.
Momentum can help you confirm an existing trade, whether to hold position and avoid fakeouts. or it may let you know when the market is losing steam for example and could be a good point to take profit.
This is one of the indicators in our greater trading suite that we offer. Just PM me for access!
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Tradespot for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it until you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Public Library.
Warning: please read before requesting access.