Relative Gap Index RGI

The Relative Gap Index (RGI) is a powerful new tool designed for traders looking to identify market momentum and potential trend reversals with ease. Developed by Avydel Talbo, the RGI offers a fresh perspective on price action, making it an essential addition to your trading toolkit.

Key Features:

  1. User-Friendly Scale: The RGI operates on a -100 to 100 scale, allowing you to quickly assess market conditions.
  2. Instant Color Signals:
    • Green Line: Indicates bullish momentum when the RGI is above zero.
    • Red Line: Signals bearish momentum when the RGI is below zero.
  3. Critical Level Lines:
    • 80 and -80: Highlight potential overbought and oversold conditions.
    • 0: Serves as a neutral midpoint for trend analysis.
  4. Versatile Application: Suitable for any asset and timeframe, making it ideal for day traders and swing traders alike.
  5. Trend Confirmation: Use the RGI alongside other indicators to validate your trading signals and enhance your strategy.

How to Use the RGI:

  • When the line is green and above 0, it suggests a strong upward trend.
  • When the line is red and below 0, it indicates a downward trend.
  • Watch for potential reversals when the RGI approaches the 80 or -80 levels.
The Relative Gap Index empowers you to make informed trading decisions with its intuitive design and actionable insights. Experience the clarity and precision of the RGI in your trading strategy today!


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Meravith MT5
Ivan Stefanov
5 (1)
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MERAVITH provides complete liquidity map of the analyzed market. Hedge funds tool. It performs all calculations automatically using a proprietary volume-weighted average price methodology, eliminating subjective interpretation entirely. Meravith will: Analyze all timeframes and display the current trend in force. Highlight liquidity zones (volume equilibrium) where bullish and bearish volumes are equal. Display all liquidity levels across different timeframes directly on your chart. Generate an
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