Relative Vigor Index
The Relative Vigor Index (RVGI) is a momentum oscillator that measures the conviction of a recent price move and the likelihood that it will continue. The underlying theory assumes that in bullish markets, prices tend to close higher than they open, and in bearish markets, prices close lower.
RVGI is useful for identifying trend direction, potential reversals, and confirming price movements. It oscillates around a centerline (zero), and crossovers with its signal line can be used to generate buy or sell signals.
Get RVGI values via API
We provide API access to the Relative Vigor Index values for all of the most popular assets like stocks, crypto (try one of the popular exchanges like Binance) and forex, on all commonly used timeframes – from the weekly and daily all the way down to one minute intervals. You can also calculate the values on your own data using our manual method.
How to Use the Relative Vigor Index
- Bullish Signal: When the RVGI crosses above the signal line.
- Bearish Signal: When the RVGI crosses below the signal line.
- Divergence: Can be used to detect divergence between price and momentum, similar to RSI or MACD.
RVGI is most effective when used in combination with other indicators such as RSI or moving averages to confirm trends or reversals.
Get started with the rvgi
Simply make an HTTPS [GET] request or call in your browser:
[GET] https://api.taapi.io/rvgi?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=1h
API response
The rvgi endpoint returns a JSON response like this:
{
"rvgi": 0.35,
"signal": 0.30,
"trend": "bullish"
}
Example response from TAAPI.IO when querying rvgi endpoint.
API parameters
binance,
binancefutures or one of our supported exchanges. For other crypto / stock
exchanges, please refer to our Client
or Manual integration methods.
BTC/USDT Bitcoin to Tether, or
LTC/BTC Litecoin to Bitcoin...
1m,
5m, 15m, 30m, 1h, 2h,
4h, 12h, 1d, 1w. So if you're
interested in values on hourly candles, use interval=1h, for daily values
use interval=1d, etc.
backtrack parameter removes candles from the data set and calculates
the rvgi value X amount of candles back. So, if you are fetching the
rvgi on the hourly and you want to know what the
rvgi was 5 hours ago, set backtrack=5. The default is
0.
chart parameter accepts one of two values: candles or
heikinashi. candles is the default, but if you set this to
heikinashi, the indicator values will be calculated using Heikin Ashi
candles. Note: Pro & Expert Plans only.
true or false. Defaults to false. By setting to
true the API will return a timestamp with every result (real-time and
backtracked) to which candle the value corresponds. This is especially helpful when
requesting a series of historical values using the results parameter.
1685577600
1731456000 If
you only use fromTimestamp, the API will return all results from that time until
present.
number or max. Use this parameter to access historical
values on the past X candles until the most recent candle. Use max
to return all available historical values. Returns an array with the oldest value on top
and most recent value returned the last.
Number of periods to use in the calculation.
Default: 10
More examples
Let's say you want to know the rvgi value on the last closed
candle on the 30m timeframe. You are not interest in the real-time value, so you
use the backtrack=1 optional parameter to go back 1 candle in history to the last
closed candle.
[GET] https://api.taapi.io/rvgi?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=30m&backtrack=1
Get rvgi values on each of the past X candles in one call
Let's say you want to know what the rvgi daily value was each
day for the previous 10 days. You can get this returned by our API easily and efficiently in one
call using the results=10 parameter:
[GET] https://api.taapi.io/rvgi?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=1d&results=10
Looking for even more integration examples in different languages like NodeJS, PHP, Python, Curl or Ruby? Continue to [GET] REST - Direct documentation.