liveliness

True RVI – Relative Strength Index (liveliness) of market – indicator MetaTrader 5

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Fig.1 The True RVI indicator
The real author: VladMsk An alternative replacement for the standard RVI indicator which considers trades volume. This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 15.06.2010.   Fig.1 The True RVI indicator True RVI – Relative Strength Index (liveliness) of market – indicator MetaTrader 5