How to Use Relative Vigor Index (RVI) Indicator

Relative Vigor Index Indicator Definition Relative Vigor Index, developed by John Ehlers, is a technical indicator designed to determine price trend direction. The underlying logic is based on the assumption that close prices tend to be higher than open prices in a bullish environment and lower in a bearish environment. How to Use Relative Vigor …

How to Use Momentum Indicator

Momentum Indicator Definition Momentum Oscillator is an indicator that shows trend direction and measures how quickly the price is changing by comparing current and past prices. How to Use Momentum Indicator In Trading The indicator is represented by a line, which oscillates around 100. Being an oscillator, momentum should be used within price trend analysis. …

How to Use Ichimoku Kinko Hyo Indicator

Ichimoku Definition The Ichimoku Kinko Hyo (Equilibrium chart at a glance) is a comprehensive technical analysis tool introduced in 1968 by Tokyo columnist Goichi Hosoda. The concept of the system was to provide an immediate vision of trend sentiment, momentum and strength at a glance perceiving all the Ichimoku’s five components and a price in …