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RWI - Indicator for MetaTrader 4

RWI
TypeIndicators PlatformMT4 Version10 Date created28 June 2016 Date updated26 July 2017
Formatmq4 Size3.7Kb Downloads291 Rating
3.1 of 5
based on 31 rates

RWI indicator or Random Walk Index helps to determine the asset`s price in a trend movement or moves chaotically.

Green line means RWI of maximums, red - RWI of minimums. If the green line is higher than 1, then there is a growing trend in the market. If the red line tends to 0, then it is a downward trend.

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