Insidious Me
- Experts
- Bin Jumahat Johan
- Version: 1.0
This EA uses the RVI Crossovers. A crossover above the signal line is a bullish indicator, while a crossover below the signal line is a bearish indicator.
The Relative Vigor Index (RVI) is a momentum indicator used in technical analysis. It measures the strength of a trend by comparing a security's closing price to its trading range while smoothing the results using a simple moving average (SMA).
The Relative Vigor Index is considered a leading indicator, meaning it changes before the trend changes. The RVI signals that a trend change is likely in the future when its value diverges from the current behavior of the asset's price.
The Relative Vigor Index is a momentum indicator.
Parameters of iRVI
symbol = _Symbol
[in] The symbol name of the security, the data of which should be used to calculate the indicator. The NULL value means the current symbol.
period = PERIOD_M5 or PERIOD_H1
[in] The value of the period can be one of the ENUM_TIMEFRAMES values, 0 means the current timeframe.
ma_period = 26
[in] Averaging period for the RVI calculation.
Inputs
Account Number - This feature to prevent user from running the EA on the wrong account when user have more than 1 account.
Timeframe Low - Timeframe for the Buy/Sell signals. Default M5.
Timeframe High - Timeframe for trend direction on higher timeframe. Default H1.
Maximum Buy - Default 3 positions.
Maximum Sell - Default 3 positions.
Lot Increment - Lot increment for the next position when the current position is floating. Default 0.01.
Entry Take Profit - Default 10,000
Entry Stop Loss - Default 0
Take Profit Method - Default Signal. EA will close the positions when the signal reversed. None - Positions closed by Entry Take Profit. Trailing - EA will update the Stop Loss of the positions to guarantee the position is on profit when direction reversed.
Back Tested from Jan'24 - May'24 on XAUUSD on leverage 1:500, Modelling Every Tick based on real ticks, zero latency delay.
