Multi-Timeframe RVI Trend States Across Ten Timeframes
Summary
The MultiRVITrend_x10 indicator displays the Relative Vigor Index (RVI) state across ten timeframes. Each line represents one timeframe, with pink indicating an oscillator reading below its oversold threshold, blue indicating a reading above its overbought threshold, and gray indicating a reading between those levels. Dots mark changes in the corresponding timeframe’s bar.
This is a visual monitoring aid for comparing oscillator conditions across timeframes; the document does not specify entry rules, exits, position sizing, or how thresholds are set. It provides no performance results or empirical evidence that these states predict trends. RVI readings can differ by timeframe, and the display alone does not explain how to resolve conflicting signals or account for market conditions.
Key ideas
- The indicator shows RVI states for ten separate timeframes.
- Each line corresponds to one timeframe’s oscillator reading.
- Pink and blue mark readings beyond the oversold and overbought levels, respectively.
- Gray marks readings between those thresholds, while dots identify timeframe bar changes.
- The description gives no trading rules or evidence of predictive performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.