Relative Vigor Index

Relative Vigor Index - Definition & Calculation
The Relative Vigor Index (RVI) is a technical analysis indicator that measures the strength of a trend by comparing a security's closing price to its trading range and smoothing the results. It's based on the tendency for prices to close higher than they open in uptrends and to close lower than they open in downtrends.

What Is The Relative Vigor Index - RVI?
The Relative Vigor Index (RVI) is an oscillator based on the concept that prices tend to close higher than they open in up trends and close lower than they open in down trends. Basically, it is an oscillator that is in phase with the cycle of the underlying’s price.

5 Trading Strategies Using the Relative Vigor Index
The relative vigor index (RVI or RVGI) is a technical indicator, which anticipates changes in market trends. Many day traders consider the RVI a “first cousin” of the Stochastic Oscillator due to the similarities in their formulas (both use the open, close, high and low of each candlestick).

Relative Vigor Index - Trend Following System
Relative Vigor Index (RVI) applies a dual channel of indexes with different parameters to plot the crossovers and the trend signals as well. The red RVI moves below the green RVI carrying positive values are considered as the bullish crossovers which signal the possible start of a bullish trend.

Relative Vigor Index (RVI) » Free MT4 Indicators [mq4 & ex4
Relative Vigor Index; Relative Strength Index; Relative Volatility Index; Adaptive Relative Strength Index Smoothed; Relative Price Channel; Wilson Relative Price Channel; Choppiness Index; Disparity Index

Relative Vigor Index Indicator Explained â€" What is the RVI
The Relative Vigor Index indicator is composed of two fluctuating curves â€" the “Green” line, which is the smoother RVI values, and the “Red” signal line. The Relative Vigor Index oscillator is viewed as a “leading” indicator, in that its signals foretell that a change in trend is imminent,...

Relative Vigor Index | RVI Indicator | Forex Oscillator | IFCM
The Relative Vigor Index indicator is calculated as the actual price change for a certain period divided by the maximum range of price changes in that period. To reduce the dependence on strong price fluctuations, the averaging was applied according to the algorithm of Simple Moving Average with the period of 10.