Chart for .NET / User's Guide / Data Manipulation / Functions / Financial Functions / Volume Indicators / Negative Volume Index

In This Topic
    Negative Volume Index
    In This Topic
     Syntax
    NVI(close; volume; initialValue)
     Arguments

    The first two arguments must be arrays: 'close' contains the close values, 'volume' contains the volumes.

    The 'initialValue' parameter is the initial value for the Negative Volume index.

     Result
    The result is an array.
     Description
    The Negative Volume Index is used in conjunction with the Positive Volume Index to identify bull markets. The Negative Volume Index changes only when the volume decreases from the previous day.
     Related Examples
    Windows Forms: All Examples\Data Manipulation\Functions\Financial\Technical Price Indicators