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

Name: True RVI - Relative Strength Index (liveliness) of market
Rating: 3.7 (20 reviews)
Author: Nikolay Kositsin

Nikolay Kositsin |

Views:: 6472
Rating:: (20)
Published:: 2012.12.11 15:09
Updated:: 2016.11.22 07:32

trvi.mq5 (7.86 KB) view

Download as ZIP, How to download code from MetaEditor

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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

Fig.1 The True RVI indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1157

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