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NegativeVolumeIndex Method
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dotnetCHARTING Namespace > FinancialEngine Class : NegativeVolumeIndex Method


We evaluate the Negative Volume Index(NVI) wich take in the consideration the days where volume decrease from the prevoius day.

Overload List

OverloadDescription
NegativeVolumeIndex(String,Series) We evaluate the Negative Volume Index(NVI) wich take in the consideration the days where volume decrease from the prevoius day.  
NegativeVolumeIndex(Series) We evaluate the Negative Volume Index(NVI) wich take in the consideration the days where volume decrease from the prevoius day.  
NegativeVolumeIndex(SeriesCollection) We evaluate the Negative Volume Index(NVI) wich take in the consideration the days where volume decrease from the prevoius day.  

Exceptions

ExceptionDescription
ArgumentExceptionThrown if the series is empti or contain negative values.

Remarks

Indicator Formula

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.

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