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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
Joined on 13.08.2012
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: StochasticRVI.algo
- Rating: 5
- Installs: 5203
- Modified: 13/10/2021 09:54
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