OPEN-SOURCE SCRIPT

Range Action Verification Index (RAVI)

Updated
Range Action Verification Index (RAVI) indicator script. This indicator was originally developed by Tushar Chande (see his book "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System").
Release Notes
  • Refactored
chandeMOMMomentum Indicator (MOM)Moving AveragesOscillatorsrangeRange Action Verification Index (RAVI)rangingRAVIstrength

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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