Forex encyclopedia

It only takes one bad decision to cost you the hard earned efforts. In trading there are no shortcuts. I believe the best way to trade is to take a long term position that will give you the maximum return with the least risk. It’s really that simple. The way to take this journey is being a good navigator. Chart your journey navigated your course, be certain on critical areas like support and resistance. Simplify and simplify again. Get rid of all unnecessary distractions. Only use the most important indicators and get rid of everything else. Then you can drive to your destination and sail the Charts like a navigator or sailor who casually knows the sea and that his course is set, he has peace and is not worried at all. Even if it comes back he know that, so he has that planned too.
Relative Volatility Index was elaborated by Donald Dorsey in 1993 and introduced in “ Technical Analysis of Stocks and Commodities” magazine. RVI is not a separate indicator; it is used to confirm signals and improve trading systems. This index measures forces of volatility movement. It does not duplicate signals of other oscillators, but just confirms them. RVI and Relative Strength Index are very much alike, but they additionally demonstrate highest and lowest points of price of standard deviation in a certain range. RVI is calculated in a way similar to calculation of RSI, but here 10-days' standard deviation of close price is taken instead of change of price.
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Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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