NinjaScript > Language Reference > Indicator Methods > Relative Volatility Index (RVI) |
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Description Developed by Donald Dorsey, the Relative Volatility Index is the RSI using the standard deviation over the indicator period in place of the daily price change. The RVI measures the direction of volatility on a scale from 0 to 100. Readings below 50 indicate that the direction of volatility is to the downside and that you should be looking to sell, readings above 50 indicate that the direction of volatilty is to the upside and that you should be looking to buy.
Syntax
Return Value double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.
Parameters
Examples
Source Code You can view this indicator method source code by selecting the menu Tools > Edit NinjaScript > Indicator within the NinjaTrader Control Center window. |