TradingView
delita1940
26 ago 2020 20:05
RVI trend confirmation
OANDA:EURUSD
1D
EUR/USD
OANDA
Descrizione
⋅
26 ago 2020 20:05
Uses the RVI (Relative Volatility Index) to confirm trend. It focus on the direction of the RVI and not if it is above or below a certain level.
HOW to read the indicator:
Blue or value 1 = bull trend confirmation
Red or value -1 = bear trend confirmation
Gray or value 0 = choppy market
Combine this with another indicator in order to confirm whether a trend is starting.
Note di rilascio
⋅
26 ago 2020 20:34
v2. just updated using the original RVI trading view formula
Volatility
RVI
trendconfirmation
Commenti
sickojacko
⋅
27 ago 2020 08:33
Cool script. I guess it's for NNFX.
Was the intent to use it as a C1+continuation indicator, or as a standalone continuation indicator ? Or something else ?
Did you have good results with it ?
Altro
Was the intent to use it as a C1+continuation indicator, or as a standalone continuation indicator ? Or something else ?
Did you have good results with it ?