RVI Indicator (MT5)
The RVI Indicator (MT5) is a powerful tool for traders using MetaTrader 5. This indicator, also known as the Relative Vigor Index, helps identify the strength and direction of a trend. By measuring the closing price relative to the trading range, it provides valuable insights into market momentum. To use the RVI Indicator effectively, professional traders recommend connecting it to other technical analysis tools, such as moving averages or support and resistance levels. This combination can enhance accuracy and generate more reliable trading signals. However, it’s important to note that no indicator is foolproof, and traders should always exercise caution and use proper risk management techniques.
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Description
FAQ
- Can I download this indicator ‘RVI Indicator (MT5)’ for free?
- Yes, this indicator – RVI Indicator (MT5), like other indicators presented on the site, is free, with the exception of those where there is a fee, they are available only on the official website of the developer
- Where does this Indicator come from?
- The Indicator, like others, is collected from the official website of trading platform MetaTrader 5 and developers
- Can I use RVI Indicator (MT5) on the mobile version of the trading platform MetaTrader 5?
- No, indicators can only be used on the web version of the trading platform MetaTrader 5.
Additional information
| Platform | MetaTrader 5 |
|---|---|
| Format | ZIP |
| Price | Free |
| Safety | Safe |
| Type file | Indicator |
| Size | 266kB |
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