What Is The Relative Volatility Index Indicator & How To Trade With It

Relative Volatility Index

Relative Volatility Index (RVI) was developed by Donald Dorsey, not as an independent trading indicator but as a confirmation of the trading signals. It was first introduced in the journal “Technical Analysis of Stocks and Commodities” in June 1993. The redesigned indicator appeared in September 1995. What is Relative Volatility Index (RVI)? The Relative Volatility Index is similar to the Relative Strength Index (RSI) but it shows the maximum and minimum prices of the standard deviation in a particular range. The Relative Volatility Index can range from 0 to 100 and, unlike many indicators, does not show price movement, but …READ MORE