RVIDiff Indicator

RVIDiff indicator with the advanced smoothing algorithm is a “nuke prodigy” carried out from the difference between classical RVI fast and slow lines. RVI by itself is a hybrid of a trend follower and oscillator, but RVIDiff is successful derivative which remains to be a trend friendly with the idea to signal faster if new tendency arises. For better smoothing and adaptiveness RVIDiff is boosted by an extra smoothing algorithm such as JJMA, JurX, ParMA, T3, VIDYA.

Based on Nikolay Kositsin’s mql5 interpretation, input smoothing parameter varies in the meaning depending on algorithm:

• JMA has Smoothing parameter gap -100/+100
• T3 Smoothing parameter is multiplied by 100 for better visualization
• Smoothing parameter for VIDYA is CMO period
• Smoothing parameter for AMA is a slow EMA period