Thread: 123 forex
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Old 13-01-2008, 12:13   #42 (permalink)
jack wanston
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Re: 123 forex

The main point of Relative Vigor Index Technical Indicator (RVI) is that on the bull market the closing price is, as a rule, higher, than the opening price. It is the other way round on the bear market. So the idea behind Relative Vigor Index is that the vigor, or energy, of the move is thus established by where the prices end up at the close.
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