This indicator defaults to; Period: 20 Look Back For Momentum :5 OverBought: 80 OverSold :20 of a Relative Momentum Index indicator; 1- RMI value according to the candle duration selected in the chart, (black) 2- RMI value according to pure 3D candles with the security() function, (blue) 3- With the security() function, the RMI value according to pure 1W candles,...
This is a combination of 3 types of indicators : 1) Simple Moving Average 2) Exponential Moving Average 3) Bollinger Band Idea is to plot any of the above indicator with a particular period length from a different timeframe to the timeframe on which you are currently working. eg : As shown in the chart we have indicator plots from daily timeframe plotted/shown...