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Positive Volume Index

Positive Volume Index

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Description:


This indicator, recognizing trends in an early stage, can be used to get ready for a break-out scenario.

The indicator depicts the Positive Volume Index (PVI), smoothed by the factor MA_PERIOD (default=2). For comparison purpose, the EMA with period ME_PERIOD (default=10) is also added to the indicator window.

Notice:

The code is at it is. The author does not carry liability for any errors or mistakes in the program.
Image:


PVI.png
Author
Salvador
Downloads
3
Views
85
First release
Last update
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