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Relative Volatility Index

Trading Indicator: Relative Volatility Index
Created by: bug man on March 22, 2010.
The coding of this Technical Analysis method required 1 lines of code.The development of this Technical Analysis function required 1 line.
The function name is 'RVI' and it is implemented using JScript programming language.
It has only one parameter. The argument is:
Period (Type: Number - Default Value: 14): Period

p = RVI(14);

Formula to display the trading indicator on a chart:
Plot(RVI(14), "Relative Volatility Index", colorRed);

Future and Past Bars:
The method has no look-ahead bias. It uses 0 old bars.

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Search terms used to find this trading item include relative volatility index, relative volatility, relative volatility index formula, relative volatility calculation, relative volatility index calculation

The trading object is saved under the following categories: Technical Analysis

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Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.