Relative Volatility Index (RVI)?

Discussion in 'Technical Analysis' started by dt_wannabe, Feb 24, 2008.

  1. Hi,

    I was just wondering if anyone has an opinion on the Relative Volatility Index indicator. There doesn't seem to be a lot of info on it, but it looks pretty interesting to use.

    Thank you.
  2. bl82


    A belated reply as I have not been here much lately, but I agree on both counts. Not only does RVI have a lot of potential, but it is flying under the radar of most traders.
  3. Anyone else care to weigh in on RVI?

    As vs. using RSI to determine overbought or oversold conditions?
  4. I've never used this indicator specifically, but I imagine it is like every other indicator ever devised; sometimes it works, and sometimes it doesn't. Probably no better than random.

    Perhaps if you combined it with some position sizing, and risk management, it may give a small positive expectancy, but I doubt it.
  5. kut2k2


    Intuitively it makes more sense to me than either RSI or stokastics. Maybe if you use adaptive smoothing rather than ema, you'd have something worth exploring.
  6. kut2k2



    What I wrote above applies to the other RVI: relative VIGOR index.

    I have no iinformed comment on the relative VOLATIVITY index but it doesn't look promising.