PVI — Indicators and Strategies

Momentum Fusion v1 Momentum Fusion v1 Overview Momentum Fusion v1 (MFusion) is a multi-oscillator indicator that combines several components to analyze market momentum and trend strength. It incorporates modified versions of classic indicators such as PVI (Positive Volume Index), NVI (Negative Volume Index), MFI (Money Flow Index), RSI, Stochastic, and Bollinger Bands Oscillator. The indicator displays a histogram that changes color based on momentum strength and includes "FUSION🔥" signal labels when extreme values are reached. Indicator Settings Parameters: EMA Length – Smoothing period for the moving average (default: 255). Smoothing Period – Internal calculation smoothing parameter (default: 15). BB Multiplier – Standard deviation multiplier for Bollinger Bands (default: 2.0). Show verde / marron / media lines – Toggles the display of auxiliary lines. Show FUSION🔥 label – Enables/disables signal labels. Indicator Components 1. PVI (Positive Volume Index) Formula: pvi := volume > volume ? nz(pvi ) + (close - close ) / close * sval : nz(pvi ) Description: PVI increases when volume rises compared to the previous bar and accounts for price percentage change. The stronger the price movement with increasing volume, the higher the PVI value. 2. NVI (Negative Volume Index) Formula: nvi := volume < volume ? nz(nvi ) + (close - close ) / close * sval : nz(nvi ) Description: NVI tracks price movements during declining volume. If the price rises on low volume, it may indicate a "stealth" trend. 3. Money Flow Index (MFI) Formula: 100 - 100 / (1 + up / dn) Description: An oscillator measuring money flow strength. Values above 80 suggest overbought conditions, while values below 20 indicate oversold conditions. 4. Stochastic Oscillator Formula: k = 100 * (close - lowest(low, length)) / (highest(high, length) - lowest(low, length)) Description: A classic stochastic oscillator showing price position relative to the selected period's range. 5. Bollinger Bands Oscillator Formula: (tprice - BB midline) / (upper BB - lower BB) * 100 Description: Indicates the price position relative to Bollinger Bands in percentage terms. Key Lines & Histogram 1. Verde (Green Line) Calculation: verde = marron + oscp (normalized PVI) Interpretation: Higher values indicate stronger bullish momentum. A FUSION🔥 signal appears when the value reaches 750+. 2. Marron (Brown Line) Calculation: marron = (RSI + MFI + Bollinger Osc + Stochastic / 3) / 2 Interpretation: A composite oscillator combining multiple indicators. Higher values suggest overbought conditions. 3. Media (Red Line) Calculation: media = EMA of marron with smoothing period Interpretation: Acts as a signal line for trend confirmation. 4. Histogram Calculation: histo = verde - marron Colors: Bright green (>100) – Strong bullish momentum. Light green (>0) – Moderate bullish momentum. Orange (<0) – Bearish momentum. Red (<-100) – Strong bearish momentum. Signals & Alerts 1. FUSION🔥 (Strong Momentum) Condition: verde >= 750 Visualization: A "FUSION🔥" label appears below the chart. Alert: Can be set to trigger notifications when the condition is met. 2. Background Aura Condition: verde > 850 Visualization: The chart background turns teal, indicating extreme momentum. Usage Recommendations FUSION🔥 Signal – Can be used as a long entry point when confirmed by other indicators. Histogram: 1. Green bars – Potential long entry. 2. Red/orange bars – Potential short entry. 3. Media & Marron Crossover – Can serve as an additional trend filter. 4. Suitable for a 5-15 minute time frame Conclusion Momentum Fusion v1 is a powerful tool for momentum analysis, combining multiple indicators into a unified system. It is suitable for: Trend traders (catching strong movements). Scalpers (identifying short-term impulses). Swing traders (filtering entry points). The indicator features customizable settings and visual signals, making it adaptable to various trading styles.

VolumeIndicators Library "VolumeIndicators" This is a library of 'Volume Indicators'. It aims to facilitate the grouping of this category of indicators, and also offer the customized supply of the source, not being restricted to just the closing price. Indicators: 1. Volume Moving Average (VMA): Moving average of volume. Identify trends in trading volume. 2. Money Flow Index (MFI): Measures volume pressure in a range of 0 to 100. Calculates the ratio of volume when the price goes up and when the price goes down 3. On-Balance Volume (OBV): Identify divergences between trading volume and an asset's price. Sum of trading volume when the price rises and subtracts volume when the price falls. 4. Accumulation/Distribution (A/D): Identifies buying and selling pressure by tracking the flow of money into and out of an asset based on volume patterns. 5. Chaikin Money Flow (CMF): A variation of A/D that takes into account the daily price variation and weighs trading volume accordingly. 6. Volume Oscillator (VO): Identify divergences between trading volume and an asset's price. Ratio of change of volume, from a fast period in relation to a long period. 7. Positive Volume Index (PVI): Identify the upward strength of an asset. Volume when price rises divided by total volume. 8. Negative Volume Index (NVI): Identify the downward strength of an asset. Volume when price falls divided by total volume. 9. Price-Volume Trend (PVT): Identify the strength of an asset's price trend based on its trading volume. Cumulative change in price with volume factor vma(length, maType, almaOffset, almaSigma, lsmaOffSet) @description Volume Moving Average (VMA) Parameters: length : (int) Length for moving average maType : (int) Type of moving average for smoothing almaOffset : (float) Offset for Arnauld Legoux Moving Average almaSigma : (float) Sigma for Arnauld Legoux Moving Average lsmaOffSet : (float) Offset for Least Squares Moving Average Returns: (float) Moving average of Volume mfi(source, length) @description MFI (Money Flow Index). Uses both price and volume to measure buying and selling pressure in an asset. Parameters: source : (float) Source of series (close, high, low, etc.) length Returns: (float) Money Flow series obv(source) @description On Balance Volume (OBV) Same as ta.obv(), but with customized type of source Parameters: source : (float) Series Returns: (float) OBV ad() @description Accumulation/Distribution (A/D) Returns: (float) Accumulation/Distribution (A/D) series cmf(length) @description CMF (Chaikin Money Flow). Measures the flow of money into or out of an asset over time, using a combination of price and volume, and is used to identify the strength and direction of a trend. Parameters: length Returns: (float) Chaikin Money Flow series vo(shortLen, longLen, maType, almaOffset, almaSigma, lsmaOffSet) @description Volume Oscillator (VO) Parameters: shortLen : (int) Fast period for volume longLen : (int) Slow period for volume maType : (int) Type of moving average for smoothing almaOffset almaSigma lsmaOffSet Returns: (float) Volume oscillator pvi(source) @description Positive Volume Index (PVI) Same as ta.pvi(), but with customized type of source Parameters: source : (float) Series Returns: (float) PVI nvi(source) @description Negative Volume Index (NVI) Same as ta.nvi(), but with customized type of source Parameters: source : (float) Series Returns: (float) PVI pvt(source) @description Price-Volume Trend (PVT) Same as ta.pvt(), but with customized type of source Parameters: source : (float) Series Returns: (float) PVI

Koncorde Plus KONCORDE IS ONLY INTENDED TO BE APPLIED TO ASSETS WHERE VOLUME DATA IS PROVIDED. This indicator is made up of 6 indicators: 4 trend (RSI, MFI, BB, Stochastic) and 2 volume. The 2's for volume are the PVI (positive volume index) and the NVI (negative volume index). These two indicators are the interesting ones as they are programmed to proportionally attribute the volume traded between the strong hands (sharks) and the weak hands (minnows). As for what time period to use, the bigger the better, since after all what we are doing is data analysis and therefore the more data, the better. When strong hands (blue histogram) are below zero, they are said to be selling while when they are above zero, they are said to be buying. The same goes for weak hands (green histogram). Meaning of each zone: Blue histogram: strong hand (sharks). If it is positive it indicates accumulation and if it is negative distribution. Green histogram: weak hand (minnows). If it is positive it indicates buy and if it is negative it indicates sale. Brown histogram: Indicates the trend and depends on previous values of weak hands and trend indicators (RSI, MFI, BB, Stochastic). Red line: It is an average that smoothes the trend indicated by the brown histogram (default is the EMA). Crossing Pattern The pattern gives us a bullish entry signal when the trend (brown histogram) crosses above the average (red line) and is positioned bearish when the trend crosses below the average. Zero Pattern When the price trend (brown histogram) tends to zero, it means that there will be a change in its trend. This pattern is for trading in a bullish position. Spring Pattern When a cross between the average (red line) and the trend (brown histogram) has already occurred, and in addition the weak hands are above the price trend, that "spring on the mountain" is formed that gives us to understand that the upward trend will be more than evident. Mirror Pattern This pattern occurs when there is panic in the market and weak hands are selling (below zero). If at that moment the strong hands are buyers, the price tends to level off to begin the rise later. This pattern is compatible with the Crossover Pattern, having more guarantees of success. If just after finishing the mirror pattern, the Crossover Pattern plus the Spring Pattern appears, then we have a good chance of winning. Bear Hug Pattern This pattern is for bearish positions only. It is the opposite figure to the mirror pattern. That is, we have strong hands clearly selling and weak hands clearly buying and above the price trend (brown histogram). It is the figure where you can see that the strong hands are distributing the assets to the weak hands. Harpoon Pattern If when the mirror pattern occurs, the red line crosses the blue histogram, a very strong bullish entry signal is produced. Add an exit signal which occurs when we are in a spring pattern but the big hands start selling, mostly coinciding with the start of the bear hug pattern. General rules for operating the Mirror Pattern: a) Wait for the green histogram to start recovery, rise to positive values; if possible, until it crosses from bottom to top the brown line (brown histogram) and/or red average . b) The blue histogram should be consistently positive. If it turns and goes towards negative values it can indicate a failed pattern at that same point. c) Locate the low of the lower candle within the pattern and place the Stop Loss just below it for reference. d) If we are not sure (we almost never will be) that there will be a turn or if it could finally be a bearish continuation we can use the SL to go short . Additional: A panel with performance statistics of the analyzed asset was added. Added an indicator that shows the cumulative delta volume in the form of triangles at the top of the chart. Added of user @DonovanWall PS: Unofficial version, I was guided by the description of the BLAI5 author's website www.blai5.net DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of cryptos. DYOR, TYOB.

Positive Volume Index + Negative Volume Index This is my version of plotting the classic Positive Volume Index and Negative Volume Index. They can be wildly different sometimes and not very helpful with entry and exit points but I hope this helps clearly identify buy and sell signals. Buy when the indicator is green and sell when it is red This was a special request so let me know when you want more scripts from me!

Positive Volume Index Hello traders! This indicator was originally developed by Paul L. Dysart in the 1930s and then described and popularized by Norman G. Fosback in his book "Stock Market Logic: A Sophisticated Approach to Profits on Wall Street" Like and follow for more cool indicators! Happy Trading!

Dual Volume Divergence Index [DW]This is an experimental variation of Paul L. Dysart's Positive Volume Index and Negative Volume Index that tracks the divergences between the PVI and its EMA, and the NVI and its EMA, then plots both together for comparison. This tool can be used to identify trending price activity.

Positive Volume Index Backtest The theory behind the indexes is as follows: On days of increasing volume, you can expect prices to increase, and on days of decreasing volume, you can expect prices to decrease. This goes with the idea of the market being in-gear and out-of-gear. Both PVI and NVI work in similar fashions: Both are a running cumulative of values, which means you either keep adding or subtracting price rate of change each day to the previous day`s sum. In the case of PVI, if today`s volume is less than yesterday`s, don`t add anything; if today`s volume is greater, then add today`s price rate of change. For NVI, add today`s price rate of change only if today`s volume is less than yesterday`s. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.

Positive Volume Index Strategy The theory behind the indexes is as follows: On days of increasing volume, you can expect prices to increase, and on days of decreasing volume, you can expect prices to decrease. This goes with the idea of the market being in-gear and out-of-gear. Both PVI and NVI work in similar fashions: Both are a running cumulative of values, which means you either keep adding or subtracting price rate of change each day to the previous day`s sum. In the case of PVI, if today`s volume is less than yesterday`s, don`t add anything; if today`s volume is greater, then add today`s price rate of change. For NVI, add today`s price rate of change only if today`s volume is less than yesterday`s. WARNING: - This script to change bars colors.

Positive Volume Index (PVI) The theory behind the indexes is as follows: On days of increasing volume, you can expect prices to increase, and on days of decreasing volume, you can expect prices to decrease. This goes with the idea of the market being in-gear and out-of-gear. Both PVI and NVI work in similar fashions: Both are a running cumulative of values, which means you either keep adding or subtracting price rate of change each day to the previous day`s sum. In the case of PVI, if today`s volume is less than yesterday`s, don`t add anything; if today`s volume is greater, then add today`s price rate of change. For NVI, add today`s price rate of change only if today`s volume is less than yesterday`s.