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MetaTrader 5 Indicator | RBVI Histogram

13.8.25 0

The RBVI indicator (Relative Broker Vigor Index) implemented as a colored histogram. Three histogram coloring variants are possible:

  1. Gray means the flat market;
  2. Blue indicates a moderate or slow trend in the market;
  3. Yellow indicates that there is a very strong trend in the market.

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Fig1. The RBVI_Histogram indicator

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