RVI - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The Relative Vitality Index Oscillator was developed based on the article "Using the Fisher Transform" by John Ehlers published in the Journal of Technical Analysis of Stocks and Commodities in November 2002.
Figure 1. RVI and RVICloud metrics
Attachment download
📎 rvi.mq5 (9 KB)
📎 rvicloud.mq5 (8.46 KB)
Source: MQL5 #15171
RVI - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
RVI - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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