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Chande's Range Action Verification Index (RAVI)
Overview
Developed by Tushar Chande, The Range Action Verification Index (RAVI) indicator is used to help identify whether the market is trending (similar to the ADX).
Interpretation
If the RAVI is over 3% the market is said to be trending.
Developed by Tushar Chande, The Range Action Verification Index (RAVI) indicator is used to help identify whether the market is trending (similar to the ADX).
Interpretation
If the RAVI is over 3% the market is said to be trending.
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