RVI with 2 Moving Averages MT5 r (MT5) — review, price and free alternatives

This detailed review of RVI with 2 Moving Averages MT5 r for 2026 examines indicator performance and provides a data-driven analysis of real and backtested results. The indicator stands out because it merges the Relative Vigor Index momentum oscillator with two moving averages, producing fast and slow RVI trend lines that generate cross signals and momentum confirmation.

The algorithm works by calculating the RVI oscillator, applying configurable smoothing, and plotting two moving averages derived from the RVI values. A crossing of the fast RVI average over the slow average combined with RVI direction serves as the primary entry signal, while optional threshold filters reduce trades in choppy markets. DMITRII GRIDASOV implemented PC and mobile alert options so traders can act on signals without constant screen monitoring. Market conditions that favor the indicator are established trends with moderate volatility; it is less effective in sideways, low-volatility ranges.

Risk management is built around parameter controls for signal sensitivity, recommended stop loss placement based on recent volatility, and conservative position sizing rules. Results are reproducible on MT5 when users follow recommended settings and broker considerations.

RVI with 2 Moving Averages MT5 r carries a moderate risk profile suitable for traders seeking momentum exposure without aggressive leverage. A recommended stop loss strategy is to use ATR-based stops or recent swing highs and lows to account for market volatility. Position sizing should follow fixed fractional risk, for example risking 0.5% to 1% of account equity per trade, which helps limit drawdown accumulation. Vulnerabilities include range-bound markets and sudden news-driven spikes where momentum oscillators can produce false signals. For consistent testing and live operation, a recommended account size is at least 1,000 USD for small testing and 5,000 USD for practical deployment.

Install RVI with 2 Moving Averages MT5 r by copying the indicator file into the MT5 Indicators folder and restarting the platform. Open the Navigator, attach the indicator to your chosen chart, and enable mobile and PC alerts in the indicator parameters. Key parameters to configure include fast and slow moving average periods, RVI smoothing length, signal thresholds, and alert toggles. Recommended brokers are low-spread ECN or STP forex brokers with reliable execution for MT5. Optimal chart timeframes are D1 and H4 for stability, H1 for increased activity, and M30 with stricter filters. Begin with forward testing on a demo account for at least 30–90 days before live deployment.