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BeST Chande RAVI

5
BeST_Chande RAVI (Range Action Verification Index) is an MT4 Indicator that is based on the corresponding indicator developed by Tushar Chande which is mainly based on market momentum while focuses on identifying ranging and trending markets.
By default RAVI is defined by the formula:  RAVI = Absolute value (100 x (SMA(7) – SMA(65)). Also by default there is an arbitrary reference level of 3% that means a market is ranging if the RAVI is less than 3%, or trending strongly if it is is greater than 3% (see about “Beyond Technical Analysis. How to Develop and Implement a Winning Trading System” by T.Chande).


Note
This choice of MAs lengths is also purely arbitrary and we can try any other LB Periods depending the FX pair and mainly the timeframe used. The same applies to the reference level of 3% we can use.


Inputs

== Basic Settings
  • Fast MA Settings (LB_Period,Method and Price)
  • Slow MA Settings (LB_Period,Method and Price)
== Levels Settings 
  • Percentage (%) Level for Filtering Trend (by default 3%) - for selecting the reference % Level
== Alert Settings - for controlling the use of all MT4 Alerts used when RAVI  breaks up the reference level.


Comentarios 1
intan08
1382
intan08 2022.06.25 20:23 
 

Great, thanks!

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Thise indicator is up down v6  comes with tradingwiev pinescript. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView pinescript. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that
FX Power MT4 NG
Daniel Stein
5 (9)
Obtenga su actualización diaria del mercado con detalles y capturas de pantalla a través de nuestro Morning Briefing aquí en mql5 y en Telegram ! FX Power MT4 NG es la nueva generación de nuestro popular medidor de fuerza de divisas, FX Power. ¿Y qué ofrece este medidor de fuerza de nueva generación? Todo lo que le encantaba del FX Power original PLUS Análisis de fuerza de ORO/XAU Resultados de cálculo aún más precisos Períodos de análisis configurables individualmente Límite de cálculo persona
nrp vertex g indicator is no repaint vertex indicator. it works all time frame and all pairs. working princible is wery easy and can use beginners. when histogram up side and there is a white star on it that is buy signal.. and reverse signal sell comes when histogram below zero and white star on it.that is sell signal. indicator hold long time to signal.and it is not neccesary to stay on computer. minimum bar number is 500 bars on chart to work of it. and the cnt nr is minimum 500 can be. but p
The 1 2 3 Pattern Scanner
Reza Aghajanpour
4.78 (54)
** All Symbols x All Timeframes scan just by pressing scanner button ** After 17 years of experience in the markets and 3 years of programming, Winner indicator is ready. I would like to share with you! *** Contact me after purchase to send you instructions and add you in "123 scanner group" for sharing or seeing experiences with other users. Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Inte
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intan08
1382
intan08 2022.06.25 20:23 
 

Great, thanks!

Eleni Koulocheri
26843
Respuesta del desarrollador Eleni Koulocheri 2022.06.26 01:50
Hi intan08, Glad you like my indicator.
Thank you very much for your 5 stars! BeST Regards Eleni
Respuesta al comentario
Versión 1.10 2021.02.06
Improving internal functions for not interfering to other indicators on the chart