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Auto RVI

Indicator automatically defines the most efficient period, during which the the profit from the signals on this chart is maximum. Depending on the financial instrument and time interval, the accuracy of the indicator signals can reach more than 90%. The indicator period is calculated based on overbought and oversold levels, the range of periods and the set Take Profit and Stop Loss.

The profitability of the indicator is achieved by finding the optimal period and using the alternation of signals.

Profit is determined by the specified Stop Loss and Take Profit levels. If the level of SL or TP is equal to zero, then the profit is calculated upon receiving a counter signal.

Automatic determination of parameters occurs continuously in real time, but not more often than once per 1 bar.

Input Parameters

  • Low Level - oversold level;
  • High Level - overbought level;
  • Min period - minimum value of the indicator period;
  • Max period - maximum value of the indicator period;
  • Show Arrows - enable / disable displaying buy or sell signals on the price chart;
  • Sound - enable / disable sound signals when buy or sell signals appear;
  • Alert - enable / disable text messages when buy or sell signals appear.
  • Push - enable / disable Push messages.
  • Mail - enable / disable messages on EMail.
  • Show SLTP line - displaying lines from the open price to the close price
  • Profit Line, Loss Line, Middle Line -  line colors settings


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areed breen 2020.07.17 19:26 
 

Good product!

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Version 1.70 2021.02.02
The calculation algorithm has been improved and the design has been changed