OPEN-SOURCE SCRIPT
已更新

RVI trend confirmation

Uses the RVI (Relative Volatility Index) to confirm trend. It focus on the direction of the RVI and not if it is above or below a certain level.

HOW to read the indicator:
  • Blue or value 1 = bull trend confirmation
  • Red or value -1 = bear trend confirmation
  • Gray or value 0 = choppy market


Combine this with another indicator in order to confirm whether a trend is starting.
發行說明
v2. just updated using the original RVI trading view formula

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