Dear friends, Relative Volatility Index indicator ko Donald Dorsey nay 1993 main develop kia tha laikin baad main 1995 main is main further kuch changes ki gaen, yeh aik volatility indicator hota hay jo relative strength kay boht similar hay laikin in ma kuch small difference hota hay, Yeh chart par volatility direction ko indicate karnay kay liay introduce kiya gia tha, is ki mazeed details yeh hain,
Working features of (RVI) Relative Volatility Index:
RVI prices ki standard deviation ko measure karta ha aur yeh kisi specified time period main calculate kia jata hay, jab kay RSI main market ki absolute prices ko measure kiya jata hay, Relative volatility index ko 0 say 100 kay darmian main chart par plot kia jata hay, Jab bhi RVI ki value 50 say above jay gi, to prices ki volatility bhi up ki taraf hogi aur yahan par Buy ka signal milay ga, laikin jab hi yeh value 50 say below fall karay gi to prices ki volatility bhi fall kar kay below ki taraf hogi aur sell ka signal generate hoga
Calculation of RVI:
Relative volatility index ko RSI ki tarha calculate kia jata hay, jaisa kay ye high or low standard deviation ko use karta hay agr RSI main absolute value ko measure kia jata hay, RVI 10 days standard deviation ko prices kay closing price kay net changes say change kar daita hay, RVI indicator ko volatility ki direction ki measurement kay liay banay gia tha, Dorsey ka khayal tha kay is say trading system ko behtar banaya ja sakta hay, jab relative volatility index ki value 50 say above ho to is ka matlab yeh hota hay kay market ki volatility upside par hay aur ye buy signal ko predict karta hay lihaza trader ko is time long ki trade ko open karna chaiay, jab kay iski value 50 say below ho gi to volatility down side ki taraf indicate ho gi aur yeh potential sell ki trade ko indicate karta hai so trader ko bhi short ki trade ko carry karna chaiay
Trading techniques in this indicator:
Is indicator kay sath trading strategy formulate karnay kay liay RSI ki tarah use kar saktay hain, is main bhi same levels hotay hain, up side par 100 aur downside par 0, is indicator main bhi 30 say below level oversold zone aur 70 say ziada ka zone overbought hota hay, market main prices 50 say above trade karne par bullish consider hoti hai, jab kay 50 say below bearish trend main shumar hoti hain, Oversold area main hamesha trend reversal kay chances hotay hain, yeh indicator aik leading indicator kay tor par jana jata hay
Working features of (RVI) Relative Volatility Index:
RVI prices ki standard deviation ko measure karta ha aur yeh kisi specified time period main calculate kia jata hay, jab kay RSI main market ki absolute prices ko measure kiya jata hay, Relative volatility index ko 0 say 100 kay darmian main chart par plot kia jata hay, Jab bhi RVI ki value 50 say above jay gi, to prices ki volatility bhi up ki taraf hogi aur yahan par Buy ka signal milay ga, laikin jab hi yeh value 50 say below fall karay gi to prices ki volatility bhi fall kar kay below ki taraf hogi aur sell ka signal generate hoga
Calculation of RVI:
Relative volatility index ko RSI ki tarha calculate kia jata hay, jaisa kay ye high or low standard deviation ko use karta hay agr RSI main absolute value ko measure kia jata hay, RVI 10 days standard deviation ko prices kay closing price kay net changes say change kar daita hay, RVI indicator ko volatility ki direction ki measurement kay liay banay gia tha, Dorsey ka khayal tha kay is say trading system ko behtar banaya ja sakta hay, jab relative volatility index ki value 50 say above ho to is ka matlab yeh hota hay kay market ki volatility upside par hay aur ye buy signal ko predict karta hay lihaza trader ko is time long ki trade ko open karna chaiay, jab kay iski value 50 say below ho gi to volatility down side ki taraf indicate ho gi aur yeh potential sell ki trade ko indicate karta hai so trader ko bhi short ki trade ko carry karna chaiay
Trading techniques in this indicator:
Is indicator kay sath trading strategy formulate karnay kay liay RSI ki tarah use kar saktay hain, is main bhi same levels hotay hain, up side par 100 aur downside par 0, is indicator main bhi 30 say below level oversold zone aur 70 say ziada ka zone overbought hota hay, market main prices 50 say above trade karne par bullish consider hoti hai, jab kay 50 say below bearish trend main shumar hoti hain, Oversold area main hamesha trend reversal kay chances hotay hain, yeh indicator aik leading indicator kay tor par jana jata hay