In This Topic
Syntax
PVI(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 Positive Volume index.
Result
The result is an array.
Description
The Positive Volume Index is often used in conjunction with the Negative Volume Index to identify bull and bear markets. The Positive volume index only changes when the volume increases from the previous day.
Related Examples
Windows Forms: All Examples\Data Manipulation\Functions\Financial\Technical Price Indicators
