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Velvet RVI

FREE

Published: 9 August 2021

Current version: 1.0

Velvet RVI

Indicators
Kevin Peter Abate
Kevin Peter Abate
United States

2152
2 comments
Version: 1.0

Velvet RVI is intended for use with the Velvet advanced ordering layer. It is based on the algorithm for the Relative Vigor Index, provided by Investopedia here. All of the data it displays is accurate and verified against the internal API function iRVI, when it is detected by the ordering layer. In order to place orders with the Velvet RVI indicator, the ordering layer must be installed and running. Ordering from the Velvet RVI indicator requires that "Velvet Ordering Layer" (found here), version 2.0 or higher, be installed and running. To place an order to be filled when the red signal line crosses above or below the histogram (as in MACD, or the green main value line, as with RVI, the user must create a text label that indicates the volume with the command "order.signal([volume]);" in the description of the object.

When detected, the Velvet ordering layer will display the message "Velvet Enabled" and you will be able to place orders in the symbol and timeframe the RVI indicator is displayed in with labels containing commands describing how to handle the signal. Future versions of the ordering layer may add additional functionality to the description string. The label will be given a velvet object number and other constants may be attached to the order as well. Do not alter the constants or there may be unintended consequences. Please be careful.

All velvet indicators must be placed into the "velvet" (case-sensitive, all lower case) directory in the "Indicators" folder for security purposes. You will have to make the folder yourself if you have never used velvet before.

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BUY 1 and GET 1 FREE - Promotion! Buy Trend Reader Indicator with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $117 (Regular Price: $297 — You Save $180! Don't Miss!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Trend Reader Indicator is a revolutionary trading indicator designed to empower forex traders with the tools they need to make informed trading decisions. This cutting-edge indicator utilizes compl

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Volatility Trend System - a trading system that gives signals for entries. The volatility system gives linear and point signals in the direction of the trend, as well as signals to exit it, without redrawing and delays. The trend indicator monitors the direction of the medium-term trend, shows the direction and its change. The signal indicator is based on changes in volatility and shows market entries. The indicator is equipped with several types of alerts. Can be applied to various trading ins

139 USD

Volume Break Oscillator is an indicator that matches price movement with volume trends in the form of an oscillator. I wanted to integrate volume analysis into my strategies but I have always been disappointed by most volume indicators, such as OBV, Money Flow Index, A/D but also as Volume Weighted Macd and many others. I therefore wrote this indicator for myself, I am satisfied with how useful it is, and therefore I decided to publish it on the market. Main features: It highlights the phase

70 USD

This product was updated for the 2026 market and optimized for the latest MT5 builds. PRICE UPDATE NOTICE: Atomic Analyst is currently available for $99. The price will increase to $199 after the next 30 purchases. SPECIAL OFFER: After purchasing Atomic Analyst, send me a private message to claim the Smart Universal EA for FREE and turn your Atomic Analyst signals into automated trades. Atomic Analyst is a non-repainting, non-redrawing, and non-lagging price action trading indic

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Color Trend FX – Since 2017. The indicator shows on the chart the accurate market entry points, accurate exit points, maximum possible profit of a deal (for those who take profit according to their own system for exiting deals), points for trailing the open positions, as well as detailed statistics. Statistics allows to choose the most profitable trading instruments, and also to determine the potential profits. The indicator does not redraw its signals! The indicator is simple to set up and man

99 USD

Linear Trend Predictor - A trend indicator that combines entry points and direction support lines. It works on the principle of breaking through the High/Low price channel. The indicator algorithm filters market noise, takes into account volatility and market dynamics. Indicator capabilities Using smoothing methods, it shows the market trend and entry points for opening BUY or SELL orders. Suitable for determining short-term and long-term market movements by analyzing charts on any timeframes.

60 USD

Velvet RSI is intended for use with the Velvet advanced ordering layer. It is a modified version of the RSI indicator provided by Metaquotes and all of the data it displays is accurate and verified, when it is detected by the ordering layer. In order to place orders with the Velvet RSI indicator, the ordering layer must be installed and running. Ordering from the Velvet RSI indicator requires that "Velvet Ordering Layer" ( found here ), version 1.0 or higher, be installed and running. When de

Velvet MACD is intended for use with the Velvet advanced ordering layer. It is a modified version of the MACD indicator provided by Metaquotes and all of the data it displays is accurate and verified, when it is detected by the ordering layer. In order to place orders with the Velvet MACD indicator, the ordering layer must be installed and running. Ordering from the Velvet MACD indicator requires that "Velvet Ordering Layer" ( found here ), version 2.0 or higher, be installed and running. Whe

a novel indicator by the maker of velvet.

Virtual Exchange Reserve Equity Monitor In an environment where exchanges offer increasingly high leverage ratios, it is all the more important for traders to tightly regulate their level of equity . This software is designed to be run in the background on any virtual private server that can run Meta Trader 4/5. It implements basic equity control functions ahead of the broker---allowing users to set their own equity trailing stop, an equity limit to lock-in a certain profit margin, and a unive

Virtual Exchange Reserve In an environment where exchanges offer increasingly high leverage ratios, it is all the more important for traders to tightly regulate their level of equity . This software is designed to be run in the background on any virtual private server that can run Meta Trader 4/5. It implements basic equity control functions ahead of the broker---allowing users to set their own equity trailing stop, an equity limit to lock-in a certain profit margin, and a universal stop tha

100 USD

velvet is an advanced ordering layer designed with MQL4 for use on a virtual private server to allow users to place orders with graphical objects placed onto compatible indicator charts displayed in the user session. The current version of velvet supports ordering from trendlines placed on price charts and ordering from trendlines on the compatible version of the RSI indicator found here . For compatible indicators to function they must be installed to the "velvet" (case-sensitive) directory

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VELVET SEA: a usable, free simple expert advisor by the maker of velvet. CONCEPT This expert advisor is designed for use with a VPS that has continuous connectivity and trades based on whether or not it detects decisive momentum in a market, and can be configured to trade all open charts in a session or for it to only be attached to one chart with a given set of parameters. That makes it possible for Velvet Sea to trade different symbols with different parameters to suite the needs of the user

50 USD

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Velvet RVI

Kevin Peter Abate