The Relative Vigor Index (RVI) is a technical analysis indicator that measures the strength of a trend by comparing a security's closing price to its trading range and smoothing the results. It's based on the tendency for prices to close higher than they open in uptrends and to close lower than they open in downtrends.
This indicator will show Higher Time Frame direction. And the concept of using this one is "if Higher Time frame goes down, then Lower Time frames will diffenitely go down as well"...
RVI-HTF can be use in Binary Trading, Forex Trading or Crypo Trading as long as your using MT4 platform.
In the zip file includes an RVI-HTF (Pre Sets) which all incremental Higher-TF is already set... the other file is RVI-HTF (CUSTOM) which you can set whatever Higher-TF you want to monitor on particular Time Frame.