Stochastic RVI – indicator MetaTrader 5

Stochastic and RVI (Relative Vigor Index) – both indicators measure overbought and oversold area of the market movement.

This indicator combines them both in one single indicator – Stochastic of Relative Vigor Index.

  • It emphasizes the overbought and oversold regions.
  • It produces relatively small number of signals hence enabling less false signals.

📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks
Alternative:   Closed_LOSS - script MetaTrader 4