Positive Volume Index
Author: rickraphael
Creation Date: 10/10/2009 2:12 PM
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rickraphael

#1
PVI vs EMA/PVI is a simple chart indicator in Fidelity and I would like to use it.

In a rules based strategy is there a way to test for the technical indicator PVI as follows:
Buy if PVI is x times the 255 day exponential moving of PVI (PVI = Positive Volume Index)

If not practical as a rule, is there some code I could cut and paste to my strategy?

Thanks!

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Eugene

#2
The lack of PVI/NVI in WealthLab.Indicators will get in the way of testing PVI in a rules-based strategy.

Fortunately, the code is trivial - copy/paste this to your strategy. Eventually, we'll get to adding it to Community.Indicators:
CODE:
Please log in to see this code.
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rickraphael

#3
Thank you! We always appreciate your help.
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Eugene

#4
You're welcome.
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Eugene

#5
Sorry for misleading you Rick. PVI and NVI are already available in TASCIndicators. :)