Positive Volume Index (PVI)
Cumulative index starting at 1000 that compounds the percentage price change only on bars with rising volume — tracking what the crowd does on busy days. Read against its own long moving average: above suggests bull-market odds, below warns of a bear market.
Live Demo
Pick a market regime to see how PVI(1) reacts:
Usage
import {} from 'trading-signals';
// PVI yields results once 1 input has been added
const = new ();