Range Action Verification Index

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Choose the levels for bullish and bearish trends. Options range from .1% to .3%/-.1% to -.3%, depending on the market. The color of the histogram will help to quickly identify the RAVI trend direction.

Green = Trend is bullish

Red = Trend is bearish

Gray = Trend is ranging

If histogram changes from to gray, the most recent trend has ended. If histogram changes back to the previous color, trend is considered to have resumed. If histogram changes from gray to color that is opposite of previous color, trend is considered to have revered.

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ملاحظات الأخبار

Changed plot style to a line, rather than histogram. This allows for greater visibility of the intended information. Added input options to allow more range for upper and lower levels and also the output multiplier. Default output multiplier is 100, for 100%. The upper and lower signal lines are normally +/- .3-1, for .3% to 1%.