hi and welcome so today guys I'm going to show you how to uh to uh find out the best uh settings for the RMI Trend s and I will show you a way to back test it and also find uh the best resc to World ratio so keep watching so first thing we need to do is get the RMI so I'm going to write RMI you're going to find that just add it to your shart and simply get uh open the code and create a working copy for you and you need to concentrate right now you need to um understand what I'm going to do so simply I'm going to get the uh Buy Signal to back test it since I do not personally uh short so I'm going to back test only the the long signal which is in here so simply what I'm going to do is copy that part of the code and then I will I would say plot and paste that right one and I will add a title RMI I and I would save that Coby this is needed uh piece of code so you can able to back test it so once that is saved I'm going to add that to my chart I remove the original one so right now I have my edited RMI if you look at the code this is the edit version and I'm not really sure which which um setting should I be using and what is the best risk to word ratio to use to in order to make money so simply is it one to one so is it one: one going to make us money is it two: one is it I don't know so what we're going to do is simply get to indicators and write risk to uh risk uh risk word Optimizer by shter Prime so we're going to click on that once it's added in our chart we're going to open the settings and go to entry type and choose the external once that is selected I need you to pick the RMI Pi signal that we plotted on our edited version of RMI and if you scroll down you're going to see RMI Trend the sniper RMI Pi so I'm going to select that and remember in our code we used one in case that condition is true plot one otherwise plot zero so simply I'm going to head back to the optimizer external and then I'm going to pick RMI pi and then I'm going to write external value one so once once it loots yeah so once it finished it finished already so right now what it does it gets the Buy Signal from RMI plot 1 2 3 4 five six seven risk word ratios which comes from here if you scroll down on uh risk word Optimizer you're going to see that there is input for risk toward one and two up to seven and you can optimize that to your needs you can back test it to your needs for me uh test ratios are all right I'm going to test one to one 1.5 to one 2 to1 2.5 to1 3 to1 and so on and so on so right now what's happening is our our risk to World Optimizer by shter Prime is getting the Buy Signal place in the trades and then show you show you let me get that on maybe in here or maybe on bottom center it's going to be here um bad okay let me make it normal so right now it says the ratio which we've been uh I I showed you where to edit it it shows you the total trades I have been doing is uh the to total number of Trades total number of wins loses and word rate and profit factor and p&l test needed for you to decide which risk word ratio to use to get the most money out of this assembly strategy you have done nothing all you have done is just um wrote a a line of code and it's back testable and you can back test it with with um shter Prime indicator so right now it shows that 2:1 using this settings which is 66 to 30 with RMI length 14 if you use 2:1 two to one risk to order ratio you're going to get 173 return of your 10K Capital bear in mind that there is also a stop settings which you can adjust if you if you need to for me I would use ATR and I would make that maybe 1.5 what it does is simply move away the the stop loss based on ATR from the entry so if I make that three look how how far that's going to be yeah but I'm not going to use three I'm going to use 1.5 which is huge in my point of view and now as you you can see it it says wow the number had changed a lot because I changed my stoploss ATR which is based on ATR from 1.4 to 1.5 let's go to 1.4 again and see yeah different but if I'm going to make a 1.5 so if you're going to use if you're going to create this a simple strategy simple strategy and it's going to make you money which is based on RMI and you're going to you're going to have a stop loss based on HR with HR Factor 1.5 then at two at two to one you're going to get one 180 uh pnl which is which is super cool and bear in mind that that's in on two hours uh time frame if we change the that to one hour let's see if it's going to make any difference well remember you can simply it change these values if I change that to maybe 31 and I keep looking here for B uh result yeah as as you can see there is a big result and if I keep changing the settings of RMI I'm going to get different uh pnl which indicates um a good strategy for me right now if you use RMI with positive above 66 and negative blow um 33 is it's not really good so you know but using chter prime indicator and my RMI that it's not good to use 33 what about 35 is it good is it any good no okay what about if I use 10 for RMI so I go for 10 and 35 negative plue I go 5 to one five ra 5 to one ratio to one I go nearly uh 195 which is which is good but that's that's that's going to take long trades but let me uh move back to 14 and I change that maybe to uh 40 I'm just trying with you it's loading this indicator is loading and it's it finished loading so it it to me it sounds like when I move the negative to a higher number it just it doesn't work very well I'm not sure but what if I make that 60 is any good yeah wow so still at 2 to one I get the highest and three I get the highest so in general guys this gives you um uh a good way to create your strategy based on RMI Trend this it's a good indicator you can play with it setting till you get the best uh values that gives you the best pnl look right now two to one it gives me 200% 210% which I did nothing I just made that 40 That's 61 and my ATR I think is 1.5 I remember remember these indicators have this indicator have uh different type of stoploss so you can change that to bid low to V VAB stoploss but I prefer ATR because it's reflecting to the price faster so remember if you change that to any number maybe 1.2 you're gonna see different numbers so do not do not feel happy about a good number keep trying keep keep adjusting the settings for the risk ratio for the the atsl or for SL for stoploss at all tell you find the best uh settings I remember one one one one good thing that you need to know that this code it doesn't have to be uh related to RMI all you need to do is find the long condition for an indicator and just change that to the long condition that you find in any indicator in any indicator and you will you will have it back testable by this indicator this indicator is great because it shows you different uh risk to ratios which which makes it which makes it uh which makes it easy for us to find uh a winning trades a winning setups a winning strategy as you can see this indicator it plots for you for for once once it enter a trade it PLS for you the r reward ratio that being hit as as take profit and it it highlights all of it remember there is a lot of settings that you can play with and you can you can pick up uh you can choose a backst date you can have have some internal you remember there is internal uh indicator here that you can choose from these indicators to use or or back test and I will show you simply right now this indicator is good but I'm going to show you one thing more um yeah remember you can change the stoploss settings you can change the capital you can change the risk ratio and you can change the RMI settings to get to find the best settings for you the best strategy remember what's most more what's valuable more than the entry is the risk ratio that how you're going to make money because I'm losing for for for example yeah I'm losing in in uh in this trade and I'm losing this trade and I'm losing this trade but still I'm making money why because my risk to isue is just covering this losses so make sure you you need to trade with with risk to isues otherwise you're not trading you're gambling and I hope that that video helped you and if it did leave me a comment and let me know how to uh what's your progress with the RMI thank you very much