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Intraday Momentum Index

The Intraday Momentum Index (IMI) is a technical indicator used to measure the momentum of an asset’s price action on an intraday basis. The IMI is similar to the Relative Strength Index (RSI) in that it uses the ratio of positive price changes to negative price changes to determine overbought and oversold conditions. However, the IMI is specifically designed to analyze intraday price action, making it useful for short-term traders.

In HaasOnline trading bots, the IMI can be used as a signal for buying or selling an asset. Traders can set up their bots to generate buy signals when the IMI is oversold and sell signals when the IMI is overbought. The IMI can also be used in conjunction with other technical indicators to confirm trading signals and improve overall trading performance.

Intraday Momentum Index

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