|Visual Basic (Declaration)|
Public Overloads Shared Function PositiveVolumeIndex( _ ByVal sc As SeriesCollection _ ) As SeriesCollection
|Visual Basic (Usage)||Copy Code|
- A collection of series objects. For example, to evaluate this indicator for two series you will need to pass a series collection containing this two series.
The formula for this indicator is:
If the volume is greater then the yesterday volume then:
PVI = Yesterday's PVI + (((Close - Yesterday's Close)/Yesterday's Close) *Yesterday's PVI)
If today's volume is less than or equal to yesterday's volume then:
PVI = Yesterday's PVI
Allways the first element of an financial array will be a value of the most recent period considered.