Relative Vigor Index (RVI) – FX Replay Guide
The RVI in FX Replay is a momentum-based oscillator designed to show whether bulls or bears are dominating the market. Unlike traditional oscillators, RVI compares closing price strength to price range using volume-weighted calculations—making it useful for trend confirmation and divergence signals.
What It Tells You
- RVI > 50: Bullish momentum — buyers have the edge
- RVI < 50: Bearish momentum — sellers are in control
Use RVI to validate trend strength, spot divergences, or identify continuation signals.
How to Use It in FX Replay
➤ Add RVI to Your Chart
- Go to the Indicators panel
- Search “Relative Vigor Index”
- Add it to your active chart
➤ Pair with Price Action or Other Indicators
- RVI works best when combined with tools like moving averages, MACD, or trendlines
- Not ideal as a standalone trigger
➤ Look for These Key Setups
- Signal Line Crossovers:
- RVI crosses above its signal line → possible bullish entry
- RVI crosses below its signal line → possible bearish entry
- Trend Confirmation:
- RVI staying above 50 during an uptrend = strength
- RVI staying below 50 during a downtrend = weakness
- Divergence:
- Price makes higher highs, RVI makes lower highs → bearish divergence
- Price makes lower lows, RVI makes higher lows → bullish divergence
Backtest & Refine in FX Replay
- Test RVI performance using FX Replay’s historical data tools
- Adjust period length or combine with price action filters to improve results
- Monitor reactions across sessions (London, NY, Asia) and timeframes for best strategy alignment
Pro Tip
Use RVI in FX Replay to confirm what you see on the chart—whether it's trend strength, divergence, or momentum exhaustion.
For higher confidence, pair it with volume spikes, key levels, or moving average crossovers.