RVI with 2 Moving Averages mq
- Indicators
- DMITRII GRIDASOV
- Version: 1.5
- Activations: 10
Crypto_Forex Indicator "RVI and 2 Moving Averages" for MT4, No Repaint.
- Relative Vigor Index (RVI) itself is a technical momentum indicator which is very useful on trend markets.
- "RVI and 2 Moving Averages" Indicator allows you to see Fast and Slow Moving Averages of RVI oscillator.
- Indicator is great for momentum trading especially on big timeframes: D1, H4, H1, M30.
- It is very easy to set up this indicator via parameters, it can be used on any timeframe.
- You can see Buy and Sell entry conditions on the pictures.
- Buy entry conditions:
- (1)-fast yellow MA is above slow blue MA, (2)-red RVI line is above yellow fast MA, (3)-red RVI line rebounced upward from fast yellow MA.
- Sell entry conditions:
- (1)-fast yellow MA is below slow blue MA, (2)-red RVI line is below yellow fast MA, (3)-red RVI line rebounced downward from fast yellow MA.
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