Overload List
| Overload | Description |
|---|---|
| PositiveVolumeIndex(String,Series) | We evaluate the Positive Volume Index(PVI) wich take in the consideration the days where volume increase from the previous day. |
| PositiveVolumeIndex(Series) | We evaluate the Positive Volume Index(PVI) wich take in the consideration the days where volume increase from the previous day. |
| PositiveVolumeIndex(SeriesCollection) | We evaluate the Positive Volume Index(PVI) wich take in the consideration the days where volume increase from the previous day. |
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.