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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.


Comentários 1
intan08
1386
intan08 2022.06.25 20:23 
 

Great, thanks!

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Este painel é uma ferramenta de alerta para uso com o indicador de reversão da estrutura de mercado. Seu objetivo principal é alertá-lo para oportunidades de reversão em prazos específicos e também para os novos testes dos alertas (confirmação) como o indicador faz. O painel foi projetado para ficar em um gráfico por conta própria e funcionar em segundo plano para enviar alertas sobre os pares e prazos escolhidos. Ele foi desenvolvido depois que muitas pessoas solicitaram um traço para monitora
O sistema PRO Renko é um sistema de negociação altamente preciso especialmente concebido para a negociação de gráficos RENKO. Trata-se de um sistema universal que pode ser aplicado a vários instrumentos de negociação. O sistema neutraliza eficazmente o chamado ruído de mercado, dando-lhe acesso a sinais de inversão precisos. O indicador é muito fácil de usar e tem apenas um parâmetro responsável pela geração de sinal. Você pode facilmente adaptar a ferramenta a qualquer instrumento de negoc
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Please contact me after purchase to immediately get your PDF strategy + documentation for Trend Pulse !  Introducing Trend Pulse , a unique and robust indicator capable of detecting bullish, bearish, and even ranging trends! Trend Pulse uses a special algorithm to filter out market noise with real precision. If the current symbol is moving sideways, Trend Pulse will send you a ranging signal, letting you know that it's not a good time to enter a trade. This excellent system makes Trend Pulse
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intan08
1386
intan08 2022.06.25 20:23 
 

Great, thanks!

Eleni Koulocheri
28619
Resposta do desenvolvedor 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
Responder ao comentário
Versão 1.10 2021.02.06
Improving internal functions for not interfering to other indicators on the chart