AdaptiveRVI is the Relative Vigor Index oscillator that adapts to the constantly changing marker cycles of a real financial asset.
Conventional oscillators require constant adjustment of the averaging period for the current market conditions. In this indicator, the period id adjusted automatically. This is done through the use of the additional CyclePeriod indicator, which calculates the indicator averaging period for the current market state.
The indicator uses the CyclePeriod indicator for operation. Add the compiled file of CyclePeriod to the \MQL5\Indicators folder of the client terminal.
Fig.1. The AdaptiveRVI and AdaptiveRVICloud indicators
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15167
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.