TRADER-RI

Mar 6, 2019 6:14 AM

Range Action Verification Index

Australian Dollar/U.S. DollarFXCM

Description

⋅ Mar 6, 2019 6:14 AM

The Range Action Verification Index or RAVI as it is commonly known is a trend detection indicator. When RAVI is greater than 1% for longs and -1% for shorts (FX setting), the currency is in a trend. The standard MA settings are 7 and 65 days for use on the daily chart, which are the cycles of 7 days and 3 months. For trading the hourly charts the moving averages should be set to 24 and 120 with a threshold of 3%. RAVI also keeps you out of a trend less market, so if the RAVI does not break above or below the set threshold, the market is trend less.

Simple Moving Average (SMA)trend trendtrading trendtrader trendbreak momentumstrategy RAVI

Comments

FilipeNivea

⋅ Nov 25, 2019 2:35 PM

very Good Filter!