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

rickraphael

#1

10/10/2009 2:12 PM

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!

profile picture

Eugene

#2

10/10/2009 2:39 PM

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.
profile picture

rickraphael

#3

10/10/2009 2:48 PM

Thank you! We always appreciate your help.
profile picture

Eugene

#4

10/10/2009 3:06 PM

You're welcome.
profile picture

Eugene

#5

10/18/2009 8:56 AM

Sorry for misleading you Rick. PVI and NVI are already available in TASCIndicators. :)
This website uses cookies to improve your experience. We'll assume you're ok with that, but you can opt-out if you wish (Read more).