https://www.forex-station.com/
Hello.DVanAssen wrote: Fri Mar 29, 2024 7:11 pm Hi Dear Kvak
Trust all is good on your side over this Easter weekend
If at all possible with time allowed please be so kind as to add a button onto this indy and pass back in mql.
Stay well and safe
Deane
kvak wrote: Fri Mar 29, 2024 8:48 pm Hello.
Happy Easter weekend for you.....
Try this version.
Thanks so much Kvak!! AND a good weekend 2u too!!
Hello, I am trying some calculation with ATR, but it is not working....ixion700 wrote: Thu Mar 28, 2024 5:15 pm Hello dear @kvak. Recently I was thinking about RVI again. We know the main idea of RVI is to compare median body price to median(CO/HL). It is ok, but then what is this value compared to? To nothing! and I think it is a problem. This value should be compared to ATR. Both LWPI(OC/ATR) and CVI(MC/ATR) involve ATR in their calculation and that's why they work great! so why not follow the same road with RVI? I think the formula should be like this: (C-O/H-L)/ATR for the given period. After that maybe some normalization becomes necessary or maybe not. Hope this can catch your interest to look into, but anyway I would love to know what you think about the whole idea. Best regards and appreciation in forward.
Hello dear @Kvak. Thank you so much for your time and the effort. Could you give this formula a shot too and let me know if it works or not please? Here is my suggestion:kvak wrote: Sat Mar 30, 2024 7:17 am Hello, I am trying some calculation with ATR, but it is not working....
Hello, I think it will be not working.ixion700 wrote: Thu Apr 04, 2024 9:52 pm Hello dear @Kvak. Thank you so much for your time and the effort. Could you give this formula a shot too and let me know if it works or not please? Here is my suggestion:
(C-O/H-L) × (C/ATR)= Modern RVI
Appreciation in forward.
PS: This one can also mean something: (C-O/H-L)×(ATR)× (1/C)
I don't see what could be the issue. RVI(with same formula you mentioned) * (CLOSE/ATR) for the given period. Or I'm missing something?kvak wrote: Fri Apr 05, 2024 7:01 am Hello, I think it will be not working.
RVI calculation
numerator = (CLOSE-OPEN) + 2 * (CLOSE-1 - OPEN-1) + 2 * (CLOSE-2 - OPEN-2) + (CLOSE-3 - OPEN-3)
denominator = (HIGH-LOW) + 2 x (HIGH-1 - LOW-1) + 2 x (HIGH-2 - LOW-2) + (HIGH-3 - LOW-3)
rvi = numerator / denominator
It is look like it is DECOMPILEDerex wrote: Sat Apr 13, 2024 7:58 am Greetings! Please insert a button into the indicator code. If the indicator turns out to be decompiled, I apologize - I don't understand this very well.