Get started
Community Scripts Technical Indicators Volume

Negative Volume Index (NVI)

Indicators, Strategies and Libraries

All Types
All Types
Indicators
Strategies
Libraries
Open Sources Only
Real Cummulative Delta (New TV Function)
BTCUSD: Real Cummulative Delta (New TV Function)
Updated 

Thanks to the new TradingView indicator Up/Down Volume, it is now possible to get accurate information on Agression (market buying vs market selling) However, as they only provide the value of delta, I've made this indicator to show the cummulative value, in the form of candles. It is great to detect divergences in the macro and in the micro scale (As in...

Negative Volume Index (NVI)

The Negative Volume Index (NVI) was developed by Paul Dysart and is used by traders to identify bull and bear markets by following the smart money. It uses volume data to identify which price moves are caused by this money. The assumption behind the indicator is that smart money requires less volume to move price. It goes up when price goes up on low volume and goes down when price goes down on low volume. It remains unchanged when volume is high, assuming that's when the crowd is active. The indicator is the opposite of the Positive Volume Index (PVI) which aims to identify price moves when the crowd is active. It is best used in combination with other analysis techniques.
Koncorde Plus
TSLA: Koncorde Plus
Updated 

KONCORDE IS ONLY INTENDED TO BE APPLIED TO ASSETS WHERE VOLUME DATA IS PROVIDED. This indicator is made up of 6 indicators: 4 trend (RSI, MFI, BB, Stochastic) and 2 volume. The 2's for volume are the PVI (positive volume index) and the NVI (negative volume index). These two indicators are the interesting ones as they are programmed to proportionally attribute the...

Positive Volume Index + Negative Volume Index
AAPL: Positive Volume Index + Negative Volume Index
Updated 

This is my version of plotting the classic Positive Volume Index and Negative Volume Index. They can be wildly different sometimes and not very helpful with entry and exit points but I hope this helps clearly identify buy and sell signals. Buy when the indicator is green and sell when it is red This was a special request so let me know when you want more scripts from me!

Negative Volume Disparity Indicator
AAPL: Negative Volume Disparity Indicator
Updated 

The Negative Volume Disparity Indicator was created by Phillip C. Holt (Stocks & Commodities V. 14:6 (265-269)). This converts the classic Negative Volume indicator into Bollinger Bands and calculates the percentage of where the value lies within the Bollinger Bands. Buy when the nvdi rises above its signal line and sell when it falls below the signal line. The...

Volume Based Buy and Sell Momentum by 2tm
067630: Volume Based Buy and Sell Momentum by 2tm
Updated 

This is Volume based Buy and Sell Momentum script. Basically I'd just adjusted PVI and NVI But It's easy to understand current Volume trends and Momentums Thank you and Wish your successful investment.

Volume Flow v3
XBTUSD.P: Volume Flow v3

DepthHouse Volume Flow indicator is used to help determine trend direction strictly based on Negative and Positive volume data. How to Read: - Moving Average crossovers are used to help determine a possible trend change or retracement. - The area cloud on the bottom is calculated by the difference of the moving averages. This could be used to help...

Relative Volume Indicator
EURUSD: Relative Volume Indicator

Grato ao LazyBear, pela base do indicador, que modifiquei para facilitar o entendimento dos movimentos.

Positive Volume Index Backtest
ES1!: Positive Volume Index Backtest
Updated 

The theory behind the indexes is as follows: On days of increasing volume, you can expect prices to increase, and on days of decreasing volume, you can expect prices to decrease. This goes with the idea of the market being in-gear and out-of-gear. Both PVI and NVI work in similar fashions: Both are a running cumulative of values, which means you either...

Positive Volume Index Strategy
ES1!: Positive Volume Index Strategy

The theory behind the indexes is as follows: On days of increasing volume, you can expect prices to increase, and on days of decreasing volume, you can expect prices to decrease. This goes with the idea of the market being in-gear and out-of-gear. Both PVI and NVI work in similar fashions: Both are a running cumulative of values, which means you either...

Negative Volume Index Backtest
APLE: Negative Volume Index Backtest

The theory behind the indexes is as follows: On days of increasing volume, you can expect prices to increase, and on days of decreasing volume, you can expect prices to decrease. This goes with the idea of the market being in-gear and out-of-gear. Both PVI and NVI work in similar fashions: Both are a running cumulative of values, which means you either ...

Negative Volume Index Strategy
APLE: Negative Volume Index Strategy

The theory behind the indexes is as follows: On days of increasing volume, you can expect prices to increase, and on days of decreasing volume, you can expect prices to decrease. This goes with the idea of the market being in-gear and out-of-gear. Both PVI and NVI work in similar fashions: Both are a running cumulative of values, which means you either ...

Negative Volume Index (NVI)
MSFT: Negative Volume Index (NVI)

The theory behind the indexes is as follows: On days of increasing volume, you can expect prices to increase, and on days of decreasing volume, you can expect prices to decrease. This goes with the idea of the market being in-gear and out-of-gear. Both PVI and NVI work in similar fashions: Both are a running cumulative of values, which...