Forex encyclopedia

Random article: Relative Vigor Index
Relative Vigor Index (RVI) – is an oscillator used for technical analysis in Forex. An author of this index is John Enlers known for application of cycles in technical analysis of the market. The first time RVI indicator was mentioned in Stocks and Commodities magazine in 2002. In this article author says that during growth close price of bar is higher than open price and the opposite tendency was observed by him in descending market. RVI index is built on the basis of this statement.
Popular article: Money Aggregates
Various kinds of money and money means, which are distinguished by different extent of liquidity, that is to say, speed and ease of conversion into cash, constitute the notion of money aggregates in the economy. Total of all money aggregates is the indication of money supply structure of a country. Important economic figure is monetization factor, which represent the ration of M2 to GDP. This figure is also known as financial depth, and it identifies sufficient amount of money means in circulation in state. For a developed country its best possible level is not less than 55%, whereas lower level tells about shortage of money that prevent economic development of the country.
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