|Welcome to currency trading with Profiforex!
Subsequently, the window in which we change the indicators properties appears.Here we can choose the period of averaging, fix the maximum and minimum, and change visualization settings.
This indicator is based on the fact that, in a bullish market, the closing price is usually higher than the opening price.
The situation is opposite in the bearish market.
|As a result, the vigor is determined as the presence of growth|
and it is calculated in the following way:
This indicator doesn't have overbought/oversold areas. Books about the Forex market recommend that you to place these areas by yourself, but this leads to different assessments and misrepresentations.