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Indicators

RBVI_Histogram - indicator for MetaTrader 5

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2070
Rating:
votes: 18
Published:
2017.05.29 16:12

The RBVI indicator (Relative Broker Vigor Index) implemented as a colored histogram. Three histogram coloring variants are possible:

  1. Gray means the flat market;
  2. Blue indicates a moderate or slow trend in the market;
  3. Yellow indicates that there is a very strong trend in the market.

Fig1. The RBVI_Histogram indicator

Fig1. The RBVI_Histogram indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/18203

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