• 概述
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  • 新特性

RVM Basis Indicator

RVM is an indicator that forms a Channel around the Price Bars. it works on all timeframes.

When the price exceeds the upper line it is time to SELL. When it crosses the bottom line it is time to BUY.

RVM is not a simple Channel around the Average Prices, The outer lines are drawn based on volatility:

You can see that the channel becomes WIDER when prices move more strongly. And it NARROWS in the same way when the market is calm.

This avoids the majority of false signals given by the market.


Since the current version, the indicator is self-optimizing.


Advanced Explanation in English // Advanced Explanation in Spanish, Explicación Avanzada en Español

Choose the percentage of bars that are inside the channel. The channel adapts to the current market, and gives more successful signals!

https://www.youtube.com/watch?v=oEa4FY_sXFY


Do you want to get the "Trend Colored Bars" indicator addition? With it you will be able to hunt the micro trends within RVM

Write a product review, then send an email to: trendexproject@gmail.com, you will receive this free unlimited addition


Parameters:

1. TMA Period - Moving average calculation period

2 .ATR Period - Period for calculating the true average range

3. ATR Multiplier Top Line - Volatility multiplier upper line

4. ATR Multipler Bottom Line : You can adjust this parameter for best results.

In this version you can adjust the upper and lower lines independently to obtain more realistic results with the market.

5. Auto Optimization: You can choose the self optimization process. Adapts to the market.

6. ATR Multipler Step: The default value is 0.1

7. Bars to Optimize: Choose the number of bars you want to optimize.

8. Percentage of Bars Inside the Channel

9. Show Comment: The indicator shows informat.ion about the ratio and value of the ATR it is using.

10. Center Line Color

11. Top Line Color

12. Bottom Line Color

Generally, when the price reaches extremes, a reversal in the price can be expected.

Visually adjust your parameters for your trading!


 If you like the indicator, please leave an opinion, this will favor more PRODUCT UPDATES.

All suggestions will be well received. You can write through a direct message on the mql5 platform or by email: trendexproject@gmail.com


Avoid false signals with my ZAGA Reversal Indicatorhttps://www.mql5.com/es/market/product/51770

Tags: trend, channel, optimization, ATR, True Range, volatility, TMA, Moving Average, MA, Porcentage, Adaptable

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版本 2.10 2020.08.18
Fixed errors that prevented correctly setting the width of the lines
版本 2.0 2020.07.14
Auto Optimization

ATR Multipler Step

Bars to Optimize

Percentage of Bars Inside the Channel

Show Comment
版本 1.10 2020.07.08
The following features have been added:

1. Independent configuration of the upper and lower lines.

2. Select the color of the line more easily.