PVI and NVI

August 20th, 2009, 11:29 PM

The Positive Volume Index (PVI) and Negative Volume Index (NVI) indicators are recent additions in the NT file sharing section. Is anyone familiar with these indicators? I am wondering if they would be helpful in daytrading?

Thanks,

Mahlon

August 21st, 2009, 04:26 AM

Perhaps you can upload them here so we can take a look?

[TIP]How to upload files to the file sharing section[/TIP]

Mike

August 22nd, 2009, 12:00 PM

Sure - here are the indicators and a screenshot.

August 22nd, 2009, 02:10 PM

mahlonhersh,

It seems that Sharky is "brewing" something like these indys rolled into one indy. See attached screenshot from "Journas Daily Chart ----> Sharkys ZN Classroom --->post 129". These indys are about "Dumpmoney" and Smartmoney" traders. Meanwhile, I have put them on my chart; and I'll put them to test next week.

PVI and NVI

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PVI and NVI