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Name: Nova RVI Trader
Version: Latest Version
Developer by: Anita Monus
The Right Platform: Meta Trader 5 (MT5)
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Nova RVI Trader MT5 is a sophisticated momentum-conviction Expert Advisor (EA) powered by the Relative Vigor Index (RVI) — Alexander Elder’s underappreciated yet highly effective oscillator that measures the true strength behind price closes versus opens, relative to the trading range.
RVI excels where many oscillators fail: it quantifies vigor (conviction) by comparing closing pressure to opening pressure within recent ranges, revealing genuine directional momentum and early divergence signals before price fully turns. Nova RVI Trader harnesses this insight with strict filtering — only trading when RVI aligns decisively with price structure, momentum slope, and market context — eliminating noise and delivering high-probability, conviction-backed setups.
Conviction-momentum hybrid:
With 20+ years of trading experience, I consider Nova RVI Trader one of the sharpest and most under-the-radar momentum systems available. The Relative Vigor Index’s focus on closing conviction gives it a genuine edge over standard oscillators, while the EA’s disciplined filtering and zero-risk philosophy deliver:
Nova RVI Trader delivered elite conviction-driven performance in a 1-year backtest, achieving strong profitability with an ultra-low 0.30% maximum drawdown — a striking demonstration of its Relative Vigor Index momentum filtering and extremely selective, high-quality entry logic.


| Name | Fit |
|---|---|
| Trading platform | Meta Trader 5 (MT5) |
| Time frames | Any |
| Currency pairs | Any |
| Min / Recommended deposit | Any |
| Min / Recommended leverage | Any |
| VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗