Formula:
IMI = 100*U/(U+D), where
U = MVA(Up),
D = MVA(Down),
Up[i] = Close[i]-Open[i], if Close[i]>Open[i], else Up[i] = 0,
Down[i] = Open[i]-Close[i], if Close[i]<Open[i], else Down[i]=0.
Download:
IMI_JS.jsl- (3.13 KiB) Downloaded 402 times
Intraday Momentum Index
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Intraday Momentum Index
by Alexander.Gettinger » Wed May 02, 2018 11:32 am
Meaures the percentage of the underlying symbol upwards price change to its total price change during a specified number of periods.
Formula:
IMI = 100*U/(U+D), where
U = MVA(Up),
D = MVA(Down),
Up[i] = Close[i]-Open[i], if Close[i]>Open[i], else Up[i] = 0,
Down[i] = Open[i]-Close[i], if Close[i]<Open[i], else Down[i]=0.
Download:
Formula:
IMI = 100*U/(U+D), where
U = MVA(Up),
D = MVA(Down),
Up[i] = Close[i]-Open[i], if Close[i]>Open[i], else Up[i] = 0,
Down[i] = Open[i]-Close[i], if Close[i]<Open[i], else Down[i]=0.
Download:
- Alexander.Gettinger
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- Posts: 3785
- Joined: Wed Mar 31, 2010 9:40 pm
- Location: Russia, Omsk
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