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Using a Higher-Timeframe Relative Vigor Index Cloud

Article MQL5 code base
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Summary

This document describes a version of the Relative Vigor Index (RVI) that can calculate its indicator on a selected timeframe independently of the chart’s timeframe. It presents the result visually as a cloud, allowing the trader to view the higher- or lower-timeframe indicator alongside the current chart.

The description identifies the indicator’s timeframe flexibility and cloud display, but does not explain its parameters, interpretation, or how to turn it into trading rules. It offers no chart evidence, performance results, or guidance on choosing a timeframe. Treat it as a short feature description of a technical indicator rather than a tested strategy.

Key ideas

  • The indicator is based on the classic Relative Vigor Index.
  • Its calculation timeframe can differ from the chart timeframe.
  • The indicator is displayed as a cloud.
  • The description supplies no trading rules or evidence of performance.

Tags

Technical indicators

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