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Dear Sirs
Can you please help me with the positive volume indicator with a moving average user defined input of i.e 21, 15 etc,
One also need to be able to plot it intraday.
The formula is :
If (V>ref(V,-1)) then
PVI=I+(((C - ref(C,-1)) / ref(C,-1)))
If (V<=ref(V,-1)) then
PVI=I
Where :
C = Today's closing price
ref(C,-1) = Yesterdays closing price
I = Yesterday's positive volume index
PVI = Today's positive volume index
ref(V,-1) = Yesterday's volume
Then to plot a moving average of the Poitive volume indicator so that you have two lines, one of the PVI and the other the moving avrage
Thank you very much
Can you please help me with the positive volume indicator with a moving average user defined input of i.e 21, 15 etc,
One also need to be able to plot it intraday.
The formula is :
If (V>ref(V,-1)) then
PVI=I+(((C - ref(C,-1)) / ref(C,-1)))
If (V<=ref(V,-1)) then
PVI=I
Where :
C = Today's closing price
ref(C,-1) = Yesterdays closing price
I = Yesterday's positive volume index
PVI = Today's positive volume index
ref(V,-1) = Yesterday's volume
Then to plot a moving average of the Poitive volume indicator so that you have two lines, one of the PVI and the other the moving avrage
Thank you very much