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Relative trend index RTI

The Relative Trend Index or RTI, is a technical indicator that is used to identify trend changes in the price of an asset, as well as the Strength of that trend.

The RTI fluctuate between zero and 100, with values close to 100 indicating a strong sell and values near zero indicating a strong buy

Indicator Parameters:

RTI : the indicator is typically applied to 14 periods of data, so the indicator is showing how many periods it has been since a 14 period high or low

Signal : Cross signal occurs when the RTI crosses the Signal 

1.     A bearish signal occurs when the RTI crosses from below to above the Signal

2.     A bullish signal occurs when the RTI crosses from above to below the Signal

Cloud : show support and resistance levels, as well as momentum and trend direction

The Kumo Breakout signal occurs when the RTI leaves or crosses the Kumo (Cloud) its main trend is changing

How this indicator works

When RTI are decidedly above the Cloud, the issue's trend is negative.

When RTI are decidedly below the Cloud, the issue's trend is positive.

A Sell signal is reinforced when the RTI crosses above the Signal while the RTI and Signal are all below the cloud.

A Buy signal is reinforced when the RTI crosses below the Signal while the RTI and Signal are all above the cloud.

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Reincarnations
Maryna Shulzhenko
The Reincarnations trend indicator is used to determine the strength and direction of a trend and to find price reversal points. This tool scans the market looking for the correct entry. You can see and evaluate it yourself, perhaps it will suit you for a number of tasks related to forecasting price movements. It uses only price data and analytics to calculate entry points. Does not use auxiliary indicators. It has two parameters for customization. Indicator setting. Interval - price analysis
Oni Scalper
Goh Cheng Wai
5 (2)
Dear Onis, This Indicator is used for   GBPUSD, US30 and GOLD on 1-Min Chart . For US30 , Depending on your broker, Minimum Lot Size will differ from 0.01 to 1.0 lots. My Current Account is trading at 1.0 lots at $1 per point . Please check with your Broker what's the Margin Required for your Minimum lot sizes before you trade on your Real account. I have Forward Tested the indicator for around 6 months before releasing it to the public. ( No Demo is available for the Indicator, Strategy
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