Three-Timeframe RVI Signals for Trend-Aligned Entries
Summary
This Expert Advisor uses the Relative Vigor Index (RVI) across three timeframes to combine trend filtering with entry timing. Two oscillators determine direction by their positions relative to their signal lines, while a third provides the trigger when it crosses the other oscillators in the direction of the trend. A signal is evaluated at bar close, so the approach uses closed-bar confirmation rather than an intrabar crossing.
The document refers to example trades and testing on EURUSD using M30, M15, and M5 data in 2015. It does not provide numerical performance statistics or enough visible test detail to assess profitability, robustness, or execution assumptions. The described tests did not use stop loss or take profit, and the text gives no risk controls or parameter-sensitivity analysis. The EA also mentions a supporting library for brokers with nonzero spreads and simultaneous stop and target placement, but this is implementation context rather than evidence that the strategy performs well live.
Key ideas
- Two RVI timeframes classify the prevailing direction using oscillator and signal-line positions.
- A third, lower-timeframe RVI supplies an entry trigger through a crossing aligned with the other timeframes.
- Signals are formed at bar close, using three timeframes together.
- The cited example tests EURUSD across M30, M15, and M5 in 2015, without stop loss or take profit.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.