OPEN-SOURCE SCRIPT
Relative Vigor Index (RVI) with EMD [AIBitcoinTrend]

👽 Adaptive Relative Vigor Index with EMD & Signals (AIBitcoinTrend)
The Adaptive Relative Vigor Index (RVI) with Empirical Mode Decomposition (EMD) is an enhanced version of the traditional RVI, designed to improve signal clarity and responsiveness to market conditions. By integrating EMD smoothing and adaptive volatility-based trailing stops.

👽 What Makes the Adaptive RVI with EMD Unique?
Unlike the standard RVI, which often lags in volatile markets, this version refines price momentum detection by applying Empirical Mode Decomposition (EMD), effectively filtering out noise. Additionally, it features ATR-based trailing stops for precise trade execution.
Key Features:
👽 The Math Behind the Indicator
👾 RVI Calculation with EMD Smoothing
The Relative Vigor Index (RVI) measures trend strength by comparing the relationship between closing and opening prices, relative to the high-low range. Traditional RVI uses fixed smoothing, whereas this version applies Empirical Mode Decomposition (EMD) to extract dominant price cycles and improve trend clarity.
How It Works:
👽 How Traders Can Use This Indicator
👾 Trailing Stop & Signal-Based Trading
Bullish Setup:
Bearish Setup:

👾 Detecting Overbought & Oversold Areas
This indicator helps traders identify potential reversal zones by highlighting overbought and oversold conditions.
Using these levels, traders can confirm entry and exit points alongside divergence signals for higher probability trades.

👽 Why It’s Useful for Traders
👽 Indicator Settings
Disclaimer: This indicator is designed for educational purposes and does not constitute financial advice. Please consult a qualified financial advisor before making investment decisions.
The Adaptive Relative Vigor Index (RVI) with Empirical Mode Decomposition (EMD) is an enhanced version of the traditional RVI, designed to improve signal clarity and responsiveness to market conditions. By integrating EMD smoothing and adaptive volatility-based trailing stops.
👽 What Makes the Adaptive RVI with EMD Unique?
Unlike the standard RVI, which often lags in volatile markets, this version refines price momentum detection by applying Empirical Mode Decomposition (EMD), effectively filtering out noise. Additionally, it features ATR-based trailing stops for precise trade execution.
Key Features:
- EMD-Enhanced RVI – Filters out short-term noise, improving signal accuracy.
- Crossover & Crossunder Signals – Generates trade signals based on RVI trends.
- ATR-Based Trailing Stop – Adjusts dynamically based on volatility for optimal risk management.
👽 The Math Behind the Indicator
👾 RVI Calculation with EMD Smoothing
The Relative Vigor Index (RVI) measures trend strength by comparing the relationship between closing and opening prices, relative to the high-low range. Traditional RVI uses fixed smoothing, whereas this version applies Empirical Mode Decomposition (EMD) to extract dominant price cycles and improve trend clarity.
How It Works:
- The RVI is initially calculated using a weighted moving average (WMA) over a specified period.
- EMD refines the RVI signal by removing high-frequency noise, creating a smoothed RVI component.
- This results in a more stable and reliable trend indicator.
👽 How Traders Can Use This Indicator
👾 Trailing Stop & Signal-Based Trading
Bullish Setup:
✅ RVI crosses above EMD → Buy signal.
✅ A bullish trailing stop is placed at low - ATR × Multiplier.
✅ Exit if price crosses below the stop.
Bearish Setup:
✅ RVI crosses below EMD → Sell signal.
✅ A bearish trailing stop is placed at high + ATR × Multiplier.
✅ Exit if price crosses above the stop.
👾 Detecting Overbought & Oversold Areas
This indicator helps traders identify potential reversal zones by highlighting overbought and oversold conditions.
- Overbought Zone: When RVI moves above 0.4, the market may be overextended, signaling a potential reversal downward.
- Oversold Zone: When RVI moves below -0.4, the market may be undervalued, suggesting a possible upward reversal.
Using these levels, traders can confirm entry and exit points alongside divergence signals for higher probability trades.
👽 Why It’s Useful for Traders
- EMD-Based Signal Enhancement: Filters out noise, refining momentum signals.
- Adaptive ATR-Based Risk Management: Automatically adjusts stop-loss levels to market conditions.
- Works Across Multiple Markets & Timeframes: Effective for stocks, forex, crypto, and futures trading.
👽 Indicator Settings
- RVI Length – Defines the period for calculating the Relative Vigor Index.
- EMD Period – Controls the level of EMD smoothing applied.
- Final Smoothing – Adjusts the degree of additional signal filtering.
- Lookback Period – Determines how many bars are used for detecting pivot points.
- Enable Trailing Stop – Activates dynamic ATR-based trailing stops.
- ATR Multiplier – Adjusts the stop-loss sensitivity.
Disclaimer: This indicator is designed for educational purposes and does not constitute financial advice. Please consult a qualified financial advisor before making investment decisions.
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
👾 Adam at AI Bitcoin Trend
👽 We are the Quants!
👇 Be part of the fastest-growing quant trading community! 👇
discord.gg/7weCgzN5a7
🌕 Famous on Threads!
🪐 simpleaitrading.com/
👽 We are the Quants!
👇 Be part of the fastest-growing quant trading community! 👇
discord.gg/7weCgzN5a7
🌕 Famous on Threads!
🪐 simpleaitrading.com/
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
👾 Adam at AI Bitcoin Trend
👽 We are the Quants!
👇 Be part of the fastest-growing quant trading community! 👇
discord.gg/7weCgzN5a7
🌕 Famous on Threads!
🪐 simpleaitrading.com/
👽 We are the Quants!
👇 Be part of the fastest-growing quant trading community! 👇
discord.gg/7weCgzN5a7
🌕 Famous on Threads!
🪐 simpleaitrading.com/
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。