ta.pvi - Pine Script Variable

ta.pvi

Overview

Positive Volume Index.

Type

float

Qualifier

series

Examples

Example 1

//@version=6
indicator("Positive Volume Index")
plot(ta.pvi, color=color.yellow)// the same on pinef_pvi() => float ta_pvi = 1.0 float prevPvi = (nz(ta_pvi[1], 0.0) == 0.0) ? 1.0 : ta_pvi[1]
if nz(close, 0.0) == 0.0 or
nz(close[1], 0.0) == 0.0 ta_pvi := prevPvi
else ta_pvi := (volume > nz(volume[1], 0.0)) ? prevPvi + ((close - close[1]) / close[1]) * prevPvi : prevPvi result = ta_pvi
plot(f_pvi())