Relative Volatility Index

Corrected Relative Volatility Index . This indicator was originally developed by Donald Dorsey (Stocks & Commodities V.11:6 (253-256): The Relative Volatility Index ).

The indicator was revised by Dorsey in 1995 (Stocks & Commodities V.13:09 (388-391): Refining the Relative Volatility Index ).

I suggest the refined RVI with optional settings. If you disabled Wilder's Smoothing and Refined RVI you will get the original version of RVI (1993, as built-in).

Also, you can choose an algorithm for calculating Standard Deviation.
Oct 19
Release Notes: Refactored
Jan 31
Release Notes:
  • Refactored
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That's nice script . Thanks for your effort!
+1 Reply
@Noldo, no problem!
Is there any combination to get it matching the same RVI as Tradingview?
everget AionVesting
@AionVesting, what?)
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