fxcodebase-backup
Rex Indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=24005
Forum: 17 · Topic 24005 · 7 post(s)
Rex Indicator
Apprentice · Tue Oct 02, 2012 7:07 am
True Value of a Bar (TVB) gives us an indication of how healthy the market is.
Rex Oscillator is a moving average of the TVB, indicating the inertia of the market. When the Rex Oscillator turns positive in a bearish trend, a reversal is indicated. Likewise, Rex turning negative in a bull market indicates a reversal to the downside.
TVB = 3 * Close – (Low + Open + High)
The indicator was revised and updated
MT4/MQ4 version. viewtopic.php?f=38&t=61373
Re: Rex Indicator
DjinTrader · Fri Oct 19, 2012 9:29 pm
Hi Apprentice , Nice indicator. Any chance of getting a cross over alert signal for this indicator? Thanks
Re: Rex Indicator
Apprentice · Sun Oct 21, 2012 3:36 am
Your request is added to the development list.
Re: Rex Indicator
Apprentice · Sun Oct 21, 2012 4:32 am
Alert capable Strategy can be found here. viewtopic.php?f=31&t=24705 Turn off trading functionality, if you only use it for Alerts.
Re: Rex Indicator
Alexander.Gettinger · Thu Oct 23, 2014 10:09 am
MQL4 version of Rex indicator: viewtopic.php?f=38&t=61373.
Re: Rex Indicator
Apprentice · Thu Jun 29, 2017 6:12 am
The indicator was revised and updated.
Re: Rex Indicator
Apprentice · Tue Apr 30, 2019 3:43 am
MTF MCP Rex Heat Map.lua added.