Chande's RAVI Tradestation Indicators Forex Trading Systems - XEATrade - Metatrader, Metastock, Tradestation, Amibroker

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Group: Tradestation Indicators

Title: Chande's RAVI

Description: This is another indicator used to predict trends...just like ADX

Type : Indicator, Name : Chande's RAVI

{Chande's RAVI}
{Indicator} Value1= average(close,7);
value2=average(close,65);
value3 = absvalue(100 * (value1 - value2) / value2); 

plot1 (value3, "RIVA");
plot2( 3 , "3%");

Author/Source: http://www.purebytes.com