RBVI - index of relative broker activity - volatility indicator
The basis of RBVI indicator The indicator takes into account the property of the night market to sharply reduce volatility due to the absence of active trading on the stock exchanges. The indicator takes into account the flow of prices and volatility (volatility) of the market to be able to navigate the flat market well. RBVI recommended for use in experts working at night as a substitute for work schedules.
RBVI indicator signalsIf the indicator value on the 15-minute chart is less than 40%, the market is flat, if the value is more than 60%, an active movement is observed.
ForTrader.org comments: the use of overnight sideways movement has become very popular with traders recently. Limiting volatility allows you to enter the market without much risk of large losses, so RBVI indicator solves the problem of "guessing" the right trading time. But we recommend testing it before working on a real account.
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