Experts: Exp_RVI_Histogram

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Exp_RVI_Histogram:

A trading system based on the signals of the RVI_Histogram indicator. The signal is formed when a bar is closing. The Expert Advisor uses one of the two methods to determine the trend depending on the input value:

input TrendMode TMode=Cross;                      // Trend detection method
  1. Upon the intersection of the signal and the main line of the indicator with the change of the signal cloud color;
  2. When the color of the histogram changes from a neutral gray to pink or lime, i.e. when the RVI oscillator enters the overbought or oversold zone.

Fig. 1. Examples of trades on the chart

Fig. 1. Examples of trades on the chart

Author: Nikolay Kositsin

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