rvi
Relative Vigor Index (RVI) is a momentum oscillator that measures the conviction of a current price trend by comparing a security's closing price to its trading range while smoothing the results using a simple moving average. It helps identify potential trend reversals and overbought/oversold conditions.
rvi (tick)
Relative Vigor Index (RVI) is a momentum oscillator that measures the conviction of a current price trend by comparing a security's closing price to its trading range while smoothing the results using a simple moving average. It helps identify potential trend reversals and overbought/oversold conditions.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 20 | The lookback period in minutes |
period | number | 10 | Period for the moving average |
SQL example
TICK rvi WITH minutes=20 > 0 THEN order SET size=100, price=51.00, transmit=truepivotPointsSupport
Pivot Points Support levels (S1, S2, S3) are potential price floors where buying pressure may increase.
asi
Accumulation Swing Index (ASI) is a momentum indicator that uses price and volume to identify potential trend reversals. It helps traders identify the real market direction by filtering out the noise and focusing on significant price movements.