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