RVI Gold Analysis & Relative Vigor Index Signals

Created by John Ehler

The Relative Vigor Index combines the older concepts of analysis with modernized digital trade signal processing theories and filters to create a practical and useful technical indicator.

The basic principle behind it is simple -

Gold Prices tend to close higher than they open in up-trending markets and
Gold Prices close lower than they open in down-trending markets.

The force (vigor) of the movement will thence be established by where the prices end up at the close of the candle. The Relative Vigor Index plots 2 lines the RVI Line and the trading signal Line.

The RVI index is essentially based on measuring of the average difference between the closing and opening gold price, and this value then is averaged to the mean average daily range & then drawn.

Relative Vigor Index Best Settings - How to Trade RVI Indicator on xauusd Trading Charts

This makes the index a responsive oscillator that has quick turning points that are in phase with the market cycles of market prices.

Analysis & Generating Signals

Relative Vigor Index is an oscillator trading indicator. The basic technique of interpreting the index is to use the crossover of the RVI and the SignalLine. Signals are generated/derived when there's a crossover of the 2 lines.

Bullish Signals - a buy signal occurs when the RVI crosses above the Signal-Line.

Bearish Signals - a sell trading signal occurs when the RVI crosses below the Signal-Line.

Ehlers Relative Vigor Index, RVI Technical Indicator Analysis - Relative Vigor Index Best Setting

Buy & sell trading signals derived and generated using the cross over trading technique

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RVI Gold Analysis & Relative Vigor Index Signals

Analysis & Generating Signals