|Visual Basic (Declaration)|
Public Overloads Shared Function NegativeVolumeIndex( _ ByVal seriesName As String, _ ByVal s As Series _ ) As Series
|Visual Basic (Usage)||Copy Code|
- The name of the series which will be displayed on the chart, i.e. its label.
- An series where the first element is the closing price in the last trading period, the second term is the closing price in the previous trading period and so on.
|ArgumentException||Thrown if the series is empti or contain negative values.|
The formula for this indicator is:
If the volume is less then the yesterday volume then: NVI = Yesterday's NVI + (((Close - Yesterday's Close)/Yesterday's Close) *Yesterday's NVI)
If today's volume is greater than or equal to yesterday's volume then:
NVI = Yesterday's NVI
Allways the first element of an financial array will be a value of the most recent period considered.