Compact mode
Relative Vigor Index (RVI)
Known for Trend Confirmation
Table of content
General Information
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly used- StocksThe asset classes Relative Vigor Index (RVI) is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.
- ForexThe asset classes Relative Vigor Index (RVI) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
Made In 🌍
The country or origin of the trading indicator
Characteristics
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading community
Facts
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicator- Developed by John Ehlers
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicator- It's like measuring the market's caffeine intake
Application
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.- DailyRelative Vigor Index (RVI) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- WeeklyRelative Vigor Index (RVI) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends. Click to see all.
Technical Details
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Signal Generation 📊
Describes the methods by which the indicator produces trading signals- CrossoversRelative Vigor Index (RVI) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- DivergencesRelative Vigor Index (RVI) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicator
Usage
For whom 👥
The target audience or user group for the trading indicatorPurpose 📈
The primary purpose or application of the trading indicator
Evaluation
Pros 👍
Advantages of using the trading indicator- Compares Closing Prices To Trading Ranges
- Less Known And UniqueOffers alternative perspectives on market dynamics, potentially providing an edge Click to see all.
Cons 👎
Disadvantages or limitations of the trading indicator
Performance Metrics
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesCustomization Score 🔧
A score representing the degree of customization available for the trading indicator- 7The customization score for Relative Vigor Index (RVI) is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metrics
Alternatives to Relative Vigor Index (RVI)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement💯 is more reliable than Relative Vigor Index (RVI)
💻 is easier to use than Relative Vigor Index (RVI)
🔀 is more versatile than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise💯 is more reliable than Relative Vigor Index (RVI)
🔀 is more versatile than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Ultimate Oscillator
Known for Multi-Timeframe Analysis💯 is more reliable than Relative Vigor Index (RVI)
🔀 is more versatile than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Percentage Volume Oscillator (PVO)
Known for Identifying Volume Trends💯 is more reliable than Relative Vigor Index (RVI)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement💯 is more reliable than Relative Vigor Index (RVI)
💻 is easier to use than Relative Vigor Index (RVI)
🔀 is more versatile than Relative Vigor Index (RVI)
🔧 is more customizable than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Fast Stochastic
Known for Rapid Momentum Shifts💯 is more reliable than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction💯 is more reliable than Relative Vigor Index (RVI)
💻 is easier to use than Relative Vigor Index (RVI)
🔀 is more versatile than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💯 is more reliable than Relative Vigor Index (RVI)
💻 is easier to use than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Know Sure Thing (KST)
Known for Trend Strength Measurement💯 is more reliable than Relative Vigor Index (RVI)
🔀 is more versatile than Relative Vigor Index (RVI)
🔧 is more customizable than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Elder Force Index
Known for Combining Price And Volume🔀 is more versatile than Relative Vigor Index (RVI)