The Stochastic's 'first cousin'. The RVI has been shortened to 5 and offset to -1 to better hit price change. I've attached a link with strateguy suggestions. My preference is to trade on 2m timeframes with 2m chart.
tradingsim.com/blog/...elative-vigor-index/
You can change length and adjust offset in Inputs.
tradingsim.com/blog/...elative-vigor-index/
You can change length and adjust offset in Inputs.
Comment:
Try changing the offset to -2 (minus 2). Extremely good results using a money management system on 1m chart and 1m trades.