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Indicators

Stochastic RVI - indicator for MetaTrader 5

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430
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votes: 10
Published:
2018.02.15 13:51

Stochastic and RVI (Relative Vigor Index) - both indicators measure overbought and oversold area of the market movement.

This indicator combines them both in one single indicator - Stochastic of Relative Vigor Index.

  • It emphasizes the overbought and oversold regions.
  • It produces relatively small number of signals hence enabling less false signals.

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