IMI – indicator MetaTrader 5
Oscillator Intraday Momentum Index displays the ratio between the directed change in the price and the total change in the prices over the specified period. There are three adjustable parameters: Period – calculation period; Overbought – overbought level; Oversold – oversold level. Calculation: IMI = 100*U /(U+D) where: U = SMA(Up, Period), D = SMA(Down, … Read more