# Relative Momentum Index Elixium

153 2
Just a mod to change the precision to zero (remove the useless digits e.g. indicator value 80.000000)
Also it appears that this indicator hasn't been published on the library yet.
```study(title = "Relative Momentum Index Elixium", shorttitle= "RMI Elixium", precision=0)
// Relative Momentum Index
//
// Roger Altman, February 1993, "Technical Analysis of Stocks & Commodities"
//
// Rewrite for Tradingview "Pine Script" by Kocurekc, April 2014
// Code is provided as public domain, no warranty

//******************************Using***************************
//Inputs - EMA averaging length
//Inputs - Momentum, lookback period for increase or decrease
//Option - Upper Bound Line, which sets the upper fill level
//Option - Lower Bound Line, which sets the lower fill level
//******************************END*****************************

Len = input(title="EMA Averaging Length", type=integer, defval=20, minval=1)
Mom = input(title="Lookback for Momentum", type=integer, defval=5, minval=1)
OVB = input(title="Top Boundary", type=integer, defval=80, minval=51, maxval=100)
OVS = input(title="Bottom Boundary", type=integer, defval=20, minval=0, maxval=49)
InA = input(title="SMA Trendline", type=bool, defval=false)
smaLen = input(title="SMA Period", type=integer, defval=10, minval=1)

emaInc = ema(max(close - close[Mom], 0), Len)
emaDec = ema(max(close[Mom] - close, 0), Len)
RMI = emaDec == 0 ? 0 : 100 - 100 / (1 + emaInc / emaDec)

p1 = plot(RMI >= OVB ? RMI : OVB, color=green)
p2 = plot(OVB, title='OverB', color=green)
p3 = plot(OVS, title='OverS', color=red)
p4 = plot(RMI <= OVS ? RMI : OVS, color=red)
hline(50, linestyle=dashed)

plot(RMI, color=black)
plot(InA?sma(RMI,smaLen):na)

fill(p1, p2, color=green, transp=50)
fill(p3, p4, color=red, transp=50)```
It was the wild west days of pine-scripting back then...I still like this indicator...must be a visual thing
The RMI had been posted by Kocurekc 15 months ago:

And TheLark had posted it 17 months ago (but I think the version by Kocurekc, which you also posted looks much better):

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter