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cybernetwork
12 กรกฎา 2020 เวลา 8 นาฬิกา 3 นาที

Directional Volume Index 

Bitcoin / U.S. dollarBitstamp

คำอธิบาย

A new idea of mine that I am presently experimenting on for my trades.

The Directional Volume Index (DVI) is defined as follows:
DVI = VWMA(len1) - SMA(len2), where by default, len1==len2

The sign of the DVI provides volume confirmation of the direction of the price trend.
The magnitude of the DVI provides the volume confirmation of the strength of the price trend.

The novel aspects and principles of this indicator and this source code are the property of © cybernetwork.
This indicator and script is free for the TV community to use.


เอกสารเผยแพร่

Removed redundant input.

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Updated smoothing to VWMA smoothing.

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Updated inputs.

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Tweaked VWMA smoothing parameter.

NOTE: The accompanying analysis package is now republished as Directional Volume Index (DVI) {PREMIUM}.

เอกสารเผยแพร่


  • Added Stdev based thresholds.
  • The DVI piercing the Stdev boundary suggests overexuberance in the corresponding direction.
  • Tightening of the DVI-Stdev bands can suggest the possible incoming of major move ahead.

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Simplified script.

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Updated vwma smoothing default.
ความคิดเห็น
MadMoto29
Hi! Went to try this today but no output in the pane.
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