Chande’s RAVI Indicator – Part I

Chande’s RAVI Indicator – Part I

Tushar Chande's RAVI Indicator

KEY FEATURES

  • Trending Line
    The RAVI indicator can tell you that it is a trend either in a bullish or a bearish manner.
  • Input Variable
    I've added an input variable to the RAVI Indicator so that you can change the percentage value.

Chande's RAVI indicator is a great trending indicator for stocks and equities. Tushar Chande describes a 3% line, that if the indicator crosses over this line, it is considered trending, either in a bullish or a bearish manner. The RAVI indicator doesn't know the direction of the trend (as is common of most trending indicators), but can tell you that it is a trend. I've found that for Forex and Currencies, 3% is too high, so I've added an input variable to the RAVI Indicator so that you can change the percentage value. I've found 1 1/2 - 2 % to be very good indicator values for the RAVI.

Chart Examples:

Free Download

Please Register or Login To Download. Registration is Free.

Free Download

Please Register or Login To Download. Registration is Free.

Information

Sponsors


Related Indicators

Sponsors


Sponsors

Sponsors

Disclaimer | Terms of Service | Privacy Policy | Disclosure | Sitemap

Browse Indicators by:
Browse All Indicators | Vendor | Platform | Indicator Type | Timeframe | Datatype | Trading Market | Chart Style | Trading Type

U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Copyright 2010 Kettlewell Enterprises, Inc,