RVI Alerts Indicator

📊 RVI Advanced Indicator Suite for MetaTrader 5

The Relative Vigor Index (RVI) is a powerful oscillator developed by John Ehlers, designed to measure the conviction of a price trend by comparing the closing price to the trading range. While the standard RVI is excellent for identifying trend direction, the RVI Advanced Indicator Suite for MetaTrader 5 transforms it into a complete, high-definition trading system.

This suite eliminates the need for manual analysis by providing pristine visualization of the RVI and Signal lines, coupled with a highly configurable, multi-channel alert system tailored for high-probability reversal setups and institutional-grade filtering.

Key Features & Configuration Options

1. Precision Calculation Engine (=== RVI PERIOD ===)

Customize the core sensitivity of the RVI algorithm to match your trading timeframe and strategy.

  • RVI Period (InpRVIPeriod): Standard configuration (default: 10) to adjust the lookback period for the calculation. Lower values increase sensitivity for scalping, while higher values provide smoother, more reliable trend identification for swing trading.

2. Professional Visual Customization (=== LINE STYLE === & CUSTOM LEVELS VISUAL)

Tailor the indicator's appearance to perfectly match your existing charting template and analysis style.

  • Dynamic Line Width: Independent width control for both the RVI Line (InpRVI_Width - default: 2, Green) and the Signal Line (InpSignal_Width - default: 2, Red) for optimal visibility on any screen.
  • Three Customizable Levels: Define up to three distinct horizontal levels (e.g., standard 0.3 Overbought, 0.0 Neutral, -0.3 Oversold).
    • Level Values: Precisely set the numerical values for each of the three levels.
    • Color & Style: Fully customize the color and line style (Solid, Dash, Dot, etc.) for each level to differentiate their importance at a glance.

3. Advanced Multi-Channel Alert System (=== ALERTS SETTINGS ===)

Stop watching the charts. Let the indicator monitor the market for you and notify you via your preferred channels the moment a high-probability setup occurs.

  • Master Switch (InpEnableAlerts): Globally enable or disable all alert functionality with one click.
  • Institutional-Grade Alert Filters (CUSTOM LEVELS VISUAL) : Unlike standard RVI alerts that trigger on anycrossover, this suite allows you to filter alerts based on market zones using the custom levels defined above.
    • Bearish Reversal (InpLevel1Alert): Enable alerts ONLY when the RVI line crosses below the Upper/Overbought Level (e.g., crosses below 0.3), indicating a high-probability sell signal.
    • Bullish Reversal (InpLevel3Alert): Enable alerts ONLY when the RVI line crosses above the Lower/Oversold Level (e.g., crosses above -0.3), indicating a high-probability buy signal.
    • Unfiltered Crossover (InpLevel2Alert): Enable alerts on any crossover of the RVI and Signal lines, regardless of zone (standard RVI behavior).
  • Real-Time Notification Suite: Receive signals instantly through four independent methods:
    • Sound (InpAlertSound): Plays a configurable .wav file (InpSoundFileName).
    • Pop-up (InpAlertPopup): Standard MetaTrader 5 terminal alert box.
    • Push Notification (InpAlertPush): Sends an instant message directly to your mobile device via the MetaTrader 5 app.
    • Email (InpAlertEmail): Automatically sends an email via your configured terminal settings.
  • Intelligent Alert Delay (InpDelayType & InpAlertDelay): Prevent false positives during volatile market spikes.
    • Delay in Seconds: Wait a specific amount of real-time before confirming the crossover.
    • Delay in Bars: Wait for the current candle to close to confirm the crossover before alerting.

4. Performance & Utility

Built natively for MetaTrader 5 with optimized code to ensure zero terminal lag.

  • Separate Indicator Window: Plots cleanly in a sub-window below the main price chart.
  • Automatic Cleanup: Includes an OnDeinit function that automatically removes all graphical objects and levels when the indicator is removed from the chart, keeping your workspace tidy.
  • Historical Note: Honors the legacy of the RVI developer, John Ehlers, in the indicator description.

Summary: Why Upgrade to the RVI Advanced Suite?

  1. Precision Timing: John Ehlers' RVI combined with precise period tuning offers superior divergence and trend analysis compared to standard indicators.
  2. Actionable Automation: The highly granular alert system frees you from screen-watching while delivering high-probability reversal signals directly to your desktop or mobile.
  3. Visual Clarity: Full control over colors, line widths, and customizable levels ensures your charts remain professional and easy to read.

Trade with conviction. Get the RVI Advanced Indicator Suite today.

 


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