Relative Vigor Index V2. The calculations are similar to the first version of the RVI indicator. In the second version, smoothed values of the original indicator are used in the calculations.
The indicator view in the chart.
It is necessary to open the Indicator settings window for adding and setting this indicator.
Period - set the smoothing period.
Panel - selection of the indicator location in the chart:
- New panel
Relative vigor index, Signal
Show value - display of the indicator value on the price scale on the left.
Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.
Color - color setting of the indicator.
Visual type - visual setting of the indicator display in the chart:
- Up arrow
- Down arrow
- Axis label
Line style - setting of the line display style:
- Dash - dot
- Dash - dot - dot
Width - setting of the indicator line width.
The Signal line has the same visual settings as the RVI line.
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