Registered User
Joined: 2/13/2018
Posts: 33
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Hi,
I tried searching for the RVI Indicator but couldn't find.
Can you please share the pcf for this indicator. More on the formula in the below link
https://www.marketvolume.com/technicalanalysis/relativevolatilityindex.asp
Thanks in advance
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The formula as presented in the link would seem to be the following (using a sum or simple moving average).
100 * SUM(IIF(STDDEV10 > STDDEV10.1, STDDEV10 - STDDEV10.1, 0), 24) / SUM(ABS(STDDEV10 - STDDEV10.1), 24)
Where 10 is the standard deviation period.
Where 24 is the smoothing period.
But other sources would seem to use Wilder's smoothing for this instead.
100 * XAVG(IIF(STDDEV10 > STDDEV10.1, STDDEV10 - STDDEV10.1, 0), 27) / XAVG(ABS(STDDEV10 - STDDEV10.1), 27)
Where 10 is the standard deviation period.
Where 14 is the smoothing period and 27 is the ((2 * smoothing period) - 1).
-Bruce
Personal Criteria Formulas
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Registered User
Joined: 2/13/2018
Posts: 33
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Thanks Bruce, appreciate your help. Your support is awesome.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|