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Published:

2017.05.29 16:12

RBVI_Histogram.mq5 (16.58 KB) view

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

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

Fig1. The RBVI_Histogram indicator

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

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RBVI_Histogram - indicator for MetaTrader 5