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Relative Volatility Index

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Introduced by Donald Dorsey, the Relative Volatility Index is similar to the Relative Strength Index (RSI), however it uses the standard deviation over the past 10 days rather than daily price change. RVI’s signals are often used as confirmation to other indicators.

Chart courtesy of Prophet Financial Systems (www.prophet.net)

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Categories Articles, Technical Analysis | Tags: Oscillators, Technical Analysis, Technical Indicators

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