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Set Relative Vigor Index, RVI Technical Indicator in Chart on MT4 Platform

This Tutorial Course will demostrate and describe how to place the Relative Vigor Index, RVI Indicator in Trading Chart in the MT4 Software. For analysis: Technical analysis of trading RVI.

Place and Add Relative Vigor Index, RVI Indicator in Chart - Chart RVI Indicator Described

How to Add Indicators in MetaTrader 4 Charts

Step 1: Open The Software Platform Navigator Window

Open the Navigator window such as shown below - Navigate to the 'View' menu (then click it) and then select and choose 'Navigator' window (press), or From Standard ToolBar click 'Navigator' button or press key-board short-cut key 'Ctrl+N'

On Navigator panel, choose and select "Technical Indicators", (Double Click)

How to Add Relative Vigor Index, RVI Indicator in Chart - Chart RVI Indicator Tutorial Course Explained

Step 2: Expand the Technical Indicator Menu on the Navigator

To expand the technical indicator menu, click on the magnifying tool/button emblem ( + ) or double-click the 'indicators' menu. Subsequently, this button will change to (-) and will now display as a list, as illustrated below.

XAU/USD Chart RVI Indicator Course - How Do I Set RVI Indicator on Trading Chart?

From the above panel, you can add any indicator that you, as the trader, desire on the chart.

Setting RVI on Chart

Step 1: Click the Relative Vigor Index button in the MT4 indicators list. It's like the one below.

Placing RVI on Charts on the MT4 - Chart RVI Indicator Course - What is RVI Indicator?

Step 2: Execute a double-click on the RVI Button, then select okay to incorporate the Trading Indicator onto the chart, as depicted below:

How to Add Relative Vigor Index, RVI Indicator in Chart - Chart RVI Indicator PDF

Edit RVI Indicator Settings

To change how it looks, right-click on the tool, pick settings, and then change things using the window that pops up. After you've made the changes you want, click the "OK" button.

Place and Add Relative Vigor Index, RVI Indicator in Chart - Chart RVI Indicator Example Explained

Following pop up panel window pops up & the RVI Technical Indicator parameters can be edited from the pop-up panel.

How Do You Place Relative Vigor Index, RVI Indicator in Chart? - Chart RVI Indicator Described

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