Forex encyclopedia

Random article: Balance of Trade (BOT)
Balance of Trade (BOT) - is a fundamental indicator expressed as the difference between prices for exported and imported goods. Trade balance is the quantity index shown for a certain period of time (year, quarter, month), during which settlement for all foreign trade operations is conducted. Trading balance can be positive (active) and negative (passive). If the sum amount of prices of all exported goods exceeds the sum amount of prices of all imported goods, the balance is considered positive. If, on the contrary, sum amount of imported goods exceeds sum amount of exported, the balance is considered negative.
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.
New in Encyclopedia
Picture of the day
The Professional Chart Setup
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!
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus