Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Period | 20 | 1 to 500 |
| Momentum span | 5 | 1 to 500 |
| Source | Close | Open, High, Low, Close, High-low average, Typical price, OHLC average |
What it plots
Drawn in its own pane below the price chart, with its own scale.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Value | Percent | Line | after 25 candles |
Calculation notes
- Compares price with the selected momentum span, then smooths gains and losses with Wilder averages. Span and smoothing are separate. Flat input is unavailable; gaps restart warmup.
Questions
What are the default settings of Relative Momentum Index?
The defaults are Period: 20, Momentum span: 5, Source: Close. You can change every setting on the live chart.
Can I use Relative Momentum Index for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.