Exp_3RVI - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

Real author: Rafael Maia de Amorim

This trading system is based on three RVI oscillator signals from three different time frames. These two oscillators are used to define the direction of the trend through the position of the oscillators relative to the signal line. The third one is used to detect the intersection of indicator and signal lines. When the bar closes, a signal is formed if the lower time frame oscillator crosses in trend with the medium and upper time frame oscillators.

Please note that the TradeAlgorithms.mqh library file allows trading Expert Advisors with non-zero spreads and the option to set Stop Loss and Take Profit along with opening positions with brokers that offer the following services. You can download more variants of this library via the following link: Trading Algorithms .

The input parameters of the default Expert Advisor have been used during testing, as shown below. Stop Loss and Take Profit were not used during testing.

Figure 1. Example of trade on chart

2015 EURUSD M30, M15, M5 test results:

Figure 2. Test result graph

Attachment download

📎 tradealgorithms.mqh (60.9 KB)

📎 exp_3rvi.mq5 (18.82 KB)

Source: MQL5 #16733