Stochastic RVI – indicator MetaTrader 5

Stochastic RVI indicator
Real author: Witold Wozniak Stochastic RVI is a standard Stochastic Oscillator applied to the values of RVI (Relative Vigor Index) indicator instead of a price. Standard Stochastic oscillator is not so effective in marking the changes of market cycles or volatility. It uses a fixed period and does not fit into constantly changing market cycle … Read more

Fisher RVI – indicator MetaTrader 5

Fisher RVI indicator
Real author: Witold Wozniak Fisher RVI is an oscillator that modifies RVI (Relative Vigor Index) custom indicator values using Inverse Fisher Transform. The indicator is inspired by John Ehlers’ article “Using The Fisher Transform” published in November 2002 in the “Technical Analysis Of Stock & Commodities” magazine. Trading rules are quite simple. It is time … Read more

True RVI – Relative Strength Index (liveliness) of market – indicator MetaTrader 5

Fig.1 The True RVI indicator
The real author: VladMsk An alternative replacement for the standard RVI indicator which considers trades volume. This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 15.06.2010.   Fig.1 The True RVI indicator True RVI – Relative Strength Index (liveliness) of market – indicator MetaTrader 5

RVI – indicator MetaTrader 5

Fig.1. The RVI and RVICloud indicators
Real author: Witold Wozniak The Relative Vigor Index oscillator developed based on the article “Using The Fisher Transform” by John Ehlers that was published in November 2002 in the Technical Analysis Of Stock & Commodities magazine. Fig.1. The RVI and RVICloud indicators RVI – indicator MetaTrader 5

Inverse Fisher RVI – indicator MetaTrader 5

Inverse Fisher RVI - indicator for MetaTrader 5
Relative Vigor Index indicator used in technical analysis to measure the conviction of a recent price action and the likelihood that it will continue. The RVI compares the positioning of a security’s closing price relative to its price range, and the result is smoothed by calculating an exponential moving average of the values. The indicator … Read more

Stochastic RVI – indicator MetaTrader 5

Stochastic RVI - indicator for 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. Stochastic RVI – … Read more