Oscillator TVI (Trade Volume Index) shows whether a security is being accumulated (bought) or distributed (sold).
It has one input parameter:
Minimum tick value – the minimum tick value.
Calculations:
If the difference between the current price and yesterday’s index exceeds the minimum threshold volume, we consider the security to be bought;
If the difference between the current price and yesterday’s index is lower than the negative minimum threshold volume, we consider the security to be sold;
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