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Re: Volume Indicators for MT4

kvak, Mon Apr 15, 2024 4:36 am

ixion700 wrote: Sun Apr 14, 2024 3:36 am Hello dear @kvak. PVI& NVI are considered good volume based indicators specially when used together. NVI is used to reveal the smart money's plan because it can show if an underlying bullishness or bearishness is happening. PVI is used to see when the smart money comes out of the shadows and joins the crowd. I would love to know If you or @mrtools have worked on these two indicators before. Anyway, do you think its possible to replace OBV with NVI & PVI values and make a new indicator similar to this amazing indicator or any other Obv based indicators you see fit? Many thanks in advance.
I added NVI and PVI calculation in the indicator for test....
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