Does MT5's RVI really have a signal line?

Yes — iRVI publishes two buffers, MAIN_LINE at index 0 and SIGNAL_LINE at index 1, and the signal is a four-bar weighted average of the main line computed by the indicator itself. That is worth stating because it is the exception rather than the rule: most MT5 oscillators publish only one buffer, and strategies written elsewhere that refer to 'the signal line' of TRIX or Force Index are describing something MetaTrader does not draw.

What is the difference between RVI and Stochastic?

Both compare a close against a range and both publish a main and a signal line, so their charts look similar. The range is what differs. Stochastic measures where the close sits between the highest high and lowest low of the last n bars, so it describes position within a recent swing and is bounded 0–100. RVI measures where the close sits relative to its own bar's open, averaged, so it describes conviction bar by bar and is centred on zero. A market can be near the top of its weekly range while its individual bars keep closing weakly, and the two indicators will say different things about that.

Why does the template only take crossings on one side of zero?

Because inside a trend the main line crosses its signal repeatedly without changing side, and those crossings are counter-trend entries into a move that is still going. Requiring the main line to be below zero for a buy means the entry only fires where the closes had genuinely been landing in the lower part of their bars — a stretch the sellers controlled — rather than during a pause in a rally.

What period should I use?

10 is MT5's default and the template's. Note that the quantity being averaged is already a four-bar weighted figure, so shortening the period does not buy as much responsiveness as it would on a simpler oscillator; it mostly increases the crossing rate. Whatever you choose, re-validate it on your pair and timeframe rather than importing a number from another market.

Can I build an RVI EA without coding?

Yes. The RVI Signal Cross + Break Even template places two RVI nodes at period 10 — one set to Main, one to Signal — crosses them against each other, and requires the main line to be beyond zero via a Constant node and a Compare. The break-even rule moves the stop to entry plus 3 pips once a trade is 15 pips ahead. The period, the stop distances and the break-even trigger are all EA inputs.

How should I validate settings before going live?

Backtest on quality tick data, then run on a demo account before risking money. Reversal rules deserve particular care about the test window: a period that happened to range will flatter an RVI strategy and a period that trended will bury it, so check the results across both rather than reading one profit figure. Hold back data the search never saw.

Relative Vigor Index for MT5 traders

What RVI tells you

RVI asks how convincingly each bar closed. The distance from open to close is divided by the distance from high to low, so a bar that ran up and held its gains scores near the top of its range while a bar that ran up and gave it back scores near zero. Those ratios are smoothed over the averaging period, and a second, faster weighted average of the result is published as a signal line. Reading the two against each other is the indicator's intended use; reading either against zero says which side has been closing bars in its favour.

Above zero: closes have been landing in the upper half of their bars
Main crossing the signal: the recent bars have changed character
The value is a ratio, so it stays roughly within ±1 without being formally bounded

1 Divide close minus open by high minus low, weighted across four bars
2 Average that ratio over the period
3 Take a four-bar weighted average of the result as the signal line

Mostrar a fórmula e detalhes de cálculo

RVI is a ratio, averaged:

Move = (close − open) + 2(close − open)[1] + 2(close − open)[2] + (close − open)[3], all ÷ 6
Range = (high − low) + 2(high − low)[1] + 2(high − low)[2] + (high − low)[3], all ÷ 6
MAIN = SMA(Move, n) ÷ SMA(Range, n)
SIGNAL = (MAIN + 2·MAIN[1] + 2·MAIN[2] + MAIN[3]) ÷ 6

The idea is in the first line divided by the second. A bar that opens low, runs up and closes near its high has a numerator almost as large as its denominator, and scores near +1. A bar that runs the same distance and gives it all back closes near its open, so the numerator collapses while the denominator stays large. Distance travelled is in both terms and cancels; what survives is how much of the travelling the market kept.

In MQL5 the call is iRVI(symbol, period, ma_period). There is no applied-price argument, because open, high, low and close all appear in the formula — there is nothing left to choose. What the indicator does publish is two buffers: MAIN_LINE at index 0 and SIGNAL_LINE at index 1, the latter a four-bar weighted average of the former. The Builder’s Line property picks between them, and the generated CopyBuffer call reads the matching index.

That second buffer is the reason RVI is worth a template of its own. Most MT5 oscillators publish a single line, so a strategy that says “wait for the signal line to cross” has to be approximated by putting a moving average on top of the indicator. Here the crossing rule is the one MetaTrader draws.

Two limits follow from the construction. The ratio cannot exceed ±1 within a bar and rarely approaches it after smoothing, so there is no overbought level to find — zero is the only meaningful threshold. And because the numerator is close minus open, a gap distorts the reading: the jump lands in the previous bar’s range rather than in the new bar’s move, so instruments that gap between sessions produce readings that understate what happened.

Sinais

Os sinais distintos e testáveis que RVI oferece — e o regime adequado para cada um.

Signal-Line Cross

Pronto no Builder

Condição: The main line crosses its signal line
Melhor regime: Either regime
Uso típico: The indicator's primary rule — a change in how bars have been closing

Cross Below Zero

Pronto no Builder

Condição: The main line crosses above the signal while both are under zero
Melhor regime: Ranging
Uso típico: Take reversals only where the sellers had been in control — the template's rule

Side of Zero

Pronto no Builder

Condição: The main line holds one side of zero for a stretch
Melhor regime: Trending
Uso típico: A filter for entries generated elsewhere

Divergence from Price

Lógica avançada

Condição: Price makes a new extreme, RVI does not
Melhor regime: Trend exhaustion
Uso típico: A discretionary warning that closes are no longer confirming the move

Implementação no MT5

O que o MetaTrader 5 realmente calcula e desenha — a referência para cada regra desta página.

Buffers

Índice	Buffer	Desenhado no MT5 como	O que contém
0	MAIN_LINE	Line	The averaged ratio of close-minus-open to high-minus-low. Positive means the closes have been landing in the upper part of their bars over the window.
1	SIGNAL_LINE	Line	A four-bar weighted average of the main line, published by the indicator itself rather than added by the user. MT5 draws it as a line — not as a histogram, which is how the MACD panel renders its main buffer.

Notas da plataforma

Função MQL5

iRVI

Preço aplicado

Este indicador não recebe argumento de preço aplicado.

No Builder

iRVI takes only symbol, timeframe and averaging period. There is no applied-price argument because the formula already fixes which prices it uses — open, high, low and close all appear in the calculation. The Builder's RVI node exposes a Line selector (Main or Signal) instead, which maps to the buffer index the generated CopyBuffer reads.

Notas de implementação

The signal line belongs to the indicator. Both buffers come from one iRVI handle, so placing a Main node and a Signal node at the same period does not compute the indicator twice — MT5 returns the same handle and the generated EA reads buffer 0 and buffer 1 from it.
The template pairs a Cross node between the two buffers with a Compare against a Constant of 0. The Cross fires on the bar the relationship changes; the Compare is true for every bar the main line is on that side, so the AND gate produces one entry rather than a stream.
Because the numerator is close minus open, an instrument that gaps between bars distorts the reading — the gap goes into the previous bar's range and not into the new bar's numerator.
Divergence needs swing detection on two series at once, which the node palette does not express; that signal requires custom MQL5.

Funciona melhor / use com cuidado

Nenhum indicador tem vantagem universal. Veja onde RVI ajuda — e onde ele engana.

Funciona melhor

Instruments with real intraday ranges, where open-to-close carries information
Ranging conditions, where the crossing rate is the point rather than the problem
As a second opinion on a signal generated by a trend tool
Restricting the crossing to one side of zero, which removes most of the noise

Use com cuidado

Very short timeframes, where bars are mostly spread and the ratio is arbitrary
Strong trends, where the main line crosses back and forth without leaving its side of zero
Gappy instruments — a gap moves the open away from the previous close and distorts the numerator
Any fixed threshold other than zero; the ratio's usual range depends on the instrument

Criar uma estratégia RVI

Conecte o sinal às regras de entrada e saída, depois exporte um EA MT5 compilável — sem código.

RVI(10) MAIN read at the current bar
RVI(10) SIGNAL read at the current bar — the same indicator's second buffer
A Constant of 0 for the main line to be measured against
MAIN crosses above SIGNAL AND MAIN is below zero → Open Buy · SL 40 / TP 80
The mirrored pair above zero → Open Sell
At 15 pips in profit the stop moves to entry plus 3 pips

Combinar RVI com outros indicadores

Um indicador raramente funciona sozinho. Essas combinações cobrem os pontos cegos do RVI.

RVI + Bollinger Bands

Price at or below the lower band
RVI main crosses above signal
Buy

Por quê: The template already restricts entries to one side of zero, but zero is a statement about closing behaviour rather than about price. A band tells you where price actually is, so requiring a touch of the lower band before a crossing under zero puts the two agreements in different currencies
Melhor regime: Ranging

No single-flow template pairs them. Start from RVI Signal Cross + Break Even and add a Bollinger Bands node set to the lower band with a Compare against price, replacing the zero condition.

Abrir o Builder →

RVI + ADX

ADX below 25
RVI main crosses above signal below zero
Buy

Por quê: A signal-line crossing is a reversal rule, and reversal rules are expensive inside a strong trend where the main line crosses repeatedly without changing side. A trend-strength gauge states the regime the template assumes instead of leaving it implied
Melhor regime: Ranging

No single-flow template combines them. Add an ADX node and a Compare at 25 into the template's existing AND gate — note the comparison runs the other way from the trend templates, which require ADX above 25.

Abrir o Builder →

RVI + Stochastic

Stochastic %K below 20
RVI main crosses above signal
Buy

Por quê: Both publish a main and a signal line, and both are read on the crossing — but one measures where the close sits within a range of highs and lows over many bars and the other measures where it sits within its own bar. Requiring both to turn asks for agreement between two different definitions of the same idea
Melhor regime: Ranging

No single-flow template pairs them. Start from RVI Signal Cross + Break Even and add a Stochastic node with a Compare at 20 — the Stochastic Bollinger template shows the same node wired up.

Abrir o Builder →

Parâmetros

Valores iniciais para validar no seu próprio par e timeframe — não são configurações garantidas.

Parâmetro	Padrão	Faixa de teste sugerida	O que faz
Period	10	4–30	How many bars of ratios are averaged before the signal line is derived. MT5's default is 10. Shortening it makes the two lines cross far more often, which is not the same as making them more responsive — the underlying quantity is already a four-bar weighted figure. Lengthening it produces a line that spends long stretches on one side of zero and crosses rarely.
Line	Main	Main or Signal	Which of the two buffers the node reads. This is a Builder property, not an iRVI argument: it selects the CopyBuffer index, 0 for MAIN_LINE and 1 for SIGNAL_LINE. Two nodes at the same period — one Main, one Signal — is how a crossing rule is expressed.
Shift	0	0–30	Which bar back the node reads the buffer from. Useful for asking whether the main line is still rising rather than only where it is now.

Predefinições iniciais

Faster 5 Many more crossings; most of them inside the noise

Standard 10 MT5's default, and the template's

Slower 20 Few crossings, each covering a longer change in character

Exemplos de mercado

Onde RVI funciona, onde falha e como um filtro muda o resultado.

Funciona

A reversal from the sellers' side

The main line has been under zero through a slide, then crosses above its signal. Price turns, the break-even rule moves the stop up at 15 pips, and the take profit is reached without the stop being re-tested.

Falha

A crossing that changes nothing

The two lines cross while price is mid-range and the spread is a large share of each bar. The ratio being averaged is dominated by noise, and the entry has no follow-through.

Filtrado

Crossings inside a trend, declined

During a strong rally the main line crosses its signal three times without ever going below zero. Each crossing would have been a counter-trend entry; the template's zero condition declines all three.

Indicadores relacionados

Stochastic Ver guia →

MACD Ver guia →

Momentum Ver guia →

FAQ

Does MT5's RVI really have a signal line?: Yes — iRVI publishes two buffers, MAIN_LINE at index 0 and SIGNAL_LINE at index 1, and the signal is a four-bar weighted average of the main line computed by the indicator itself. That is worth stating because it is the exception rather than the rule: most MT5 oscillators publish only one buffer, and strategies written elsewhere that refer to 'the signal line' of TRIX or Force Index are describing something MetaTrader does not draw.
What is the difference between RVI and Stochastic?: Both compare a close against a range and both publish a main and a signal line, so their charts look similar. The range is what differs. Stochastic measures where the close sits between the highest high and lowest low of the last n bars, so it describes position within a recent swing and is bounded 0–100. RVI measures where the close sits relative to its own bar's open, averaged, so it describes conviction bar by bar and is centred on zero. A market can be near the top of its weekly range while its individual bars keep closing weakly, and the two indicators will say different things about that.
Why does the template only take crossings on one side of zero?: Because inside a trend the main line crosses its signal repeatedly without changing side, and those crossings are counter-trend entries into a move that is still going. Requiring the main line to be below zero for a buy means the entry only fires where the closes had genuinely been landing in the lower part of their bars — a stretch the sellers controlled — rather than during a pause in a rally.
What period should I use?: 10 is MT5's default and the template's. Note that the quantity being averaged is already a four-bar weighted figure, so shortening the period does not buy as much responsiveness as it would on a simpler oscillator; it mostly increases the crossing rate. Whatever you choose, re-validate it on your pair and timeframe rather than importing a number from another market.
Can I build an RVI EA without coding?: Yes. The RVI Signal Cross + Break Even template places two RVI nodes at period 10 — one set to Main, one to Signal — crosses them against each other, and requires the main line to be beyond zero via a Constant node and a Compare. The break-even rule moves the stop to entry plus 3 pips once a trade is 15 pips ahead. The period, the stop distances and the break-even trigger are all EA inputs.
How should I validate settings before going live?: Backtest on quality tick data, then run on a demo account before risking money. Reversal rules deserve particular care about the test window: a period that happened to range will flatter an RVI strategy and a period that trended will bury it, so check the results across both rather than reading one profit figure. Hold back data the search never saw.

Glossary

Termos-chave

Backtest Overfitting Média móvel exponencial