See Also

FinancialEngine Class  | FinancialEngine Members  | Overload List

Language

Visual Basic

C#

Show All

sc
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.
See Also Languages dotnetCHARTING Send comments on this topic.

PositiveVolumeIndex(SeriesCollection) Method

We evaluate the Positive Volume Index(PVI) wich take in the consideration the days where volume increase from the previous day. 

[Visual Basic]
Overloads Public Shared Function PositiveVolumeIndex( _
   ByVal sc As SeriesCollection _
) As SeriesCollection
[C#]
public static SeriesCollection PositiveVolumeIndex( 
   SeriesCollection sc
);

Parameters

sc
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.

Remarks

Indicator Formula

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.

See Also

FinancialEngine Class  | FinancialEngine Members  | Overload List

 

 

2002 - 2005 Webavail Productions Inc. & Corporate Web Solutions Ltd.. All Rights Reserved.