Relative Vigor Index (RVI)

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Relative Vigor Index (RVI) Video

Relative Vigor Index (RVI) // 17 June 2011

The concept of the Relative Vigor Index (RVI) is pretty straight forward, as prices tend to close higher than they open when a market is in an uptrend and they will also tend to close lower than they open in a downtrend. The vigor (energy or force) of the move can be somewhat established by whether the prices end up or down at the close of the time period candle. Play video >>

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