RVIDiff: A Smoothed Histogram of the RVI Line Difference

Summary

RVIDiff is an indicator that displays the smoothed difference between the main and signal lines of the Relative Vigor Index as a colored histogram. The description establishes what the plotted values represent, but does not specify the smoothing formula, signal thresholds, or how a trader might use histogram changes to enter or exit positions. No market examples, test results, or performance evidence are included.

The indicator relies on classes from a separate smoothing library, whose methods are described in another article. That dependency matters for implementation: reproducing the display requires the library and compatible indicator calculations. The short description is therefore useful as a definition of the tool, rather than a complete trading method. It gives no guidance on markets, timeframes, parameter selection, or the risks of interpreting the RVI difference as a standalone signal.

Key ideas

• RVIDiff plots the smoothed gap between the RVI main and signal lines.
• The gap is presented as a colored histogram.
• The indicator depends on external smoothing classes for intermediate calculations.
• The description provides no trading rules, market tests, or performance evidence.
• Implementation and interpretation details must be obtained beyond this brief description.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.