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Installing Relative Vigor Index indicator (RVI) on NetTradeX Platform

  1. By the command “Indicators” (From the context menu or with the help of the button situated on main mage) user can open dialogue window called “Indicators”, which consists of two parts; “Available Indicators” and “Set indicators”.

    First, left part of the window contains the list of indicators. Second, right part of the window contains the list of chosen indicators in a form of a “tree” stating the name of the financial tool on the top of hierarchical indicator list. User can easily find the “Relative Vigor Index” indicator and select it with one click.

  2. Clicking on “Set” Button (on the “Indicators” window), indicator dialogue settings opens name as “Relative Vigor Index”. This consists of two types of tabs; “Data” and “View”.

  3. After indicator settings is set user must click on “OK” button to set the indicator on the chart window.

  4. Relative Vigor Index, developed by John Ehlers, is a technical indicator designed to determine price trend direction. The underlying logic is based on the assumption that close prices tend to be higher than open prices in a bullish environment and lower in a bearish environment.

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