Indicator Relative Vigor Index

In this overview we would like to tell about the Relative Vigor Index indicator which task is to measure confidence of movement of the price at the moment and probability of its continuation. It is placed in the section Indicators - Oscillators

it will look as following:

In settings it is possible to change a period which will suit you, color, width and type.

The indicator in accuracy follows the price, but a little smoothes lines of the of the indication.

When lines are crossed from below up it is a signal on buy and if from top to down, for sell, as shown at the pic below.

This indicator will suit the experienced traders as they are can perceive and give an assessment to signals. Beginners during the work with RVI should behave very carefully and follow the rules and it is obligatory to make secure signals of other indicators when opening the new transaction. I wish you high profit.