Category Oscilators  Published on 14/08/2012

Stochastic RVI

Description

The concept of RVI is that prices close higher than they open in up markets and vice versa in down markets. RVI is an oscillator where movement is normalized to the trading range of each bar. It uses four-bar symmetrical FIR lag-cancelling filters to produce a readable indicator.



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simons847's avatar
simons847

Joined on 13.08.2012

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: StochasticRVI.algo
  • Rating: 5
  • Installs: 5170
  • Modified: 13/10/2021 09:54
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