Recruitment of participants Relativ Vigor Index RVI indicator

Discussion in 'ThinkOrSwim' started by velikivg, 29 October 2019.

Stage:
Recruitment of participants
Price:
100.00 USD
Participants':
0 of 10
Organizer:
velikivg
0%
Settlement fee for participation:
11 USD
  • (The main list is still empty)

  1. velikivg

    velikivg Member

    Joined:
    16 August 2019
    Messages:
    75
    Likes Received:
    20
    Trophy Points:
    18
    Gender:
    Male
    Relativ Vigor Index

    The main point of Relative Vigor Index Technical Indicator (RVI) is that on the bull market the closing price is, as a rule, higher, than the opening price. It is the other way round on the bear market. So the idea behind Relative Vigor Index is that the vigor, or energy, of the move is thus established by where the prices end up at the close. To normalize the index to the daily trading range, divide the change of price by the maximum range of prices for the day. To make a more smooth calculation, one uses Simple Moving Average. 10 is considered the best period. To avoid probable ambiguity one needs to construct a signal line, which is a 4-period symmetrically weighted moving average of Relative Vigor Index values. The concurrence of lines serves as a signal to buy or to sell.

    bnmmv1.png

     
  • Clubbingbuy is a convenient platform for collective purchase of information products! Our service successfully solves the main task of the project-we give the possibility of collective purchases for all popular books, audio and video tutorials, seminars, programs, scripts, databases, templates and themes. The purchase will be cheaper than the full cost several times. New knowledge will cost no more than a Cup of coffee. Get the maximum benefit for the minimum money!