Description:
If you're looking to get ahead in trading, the Positive Volume Index (PVI) is a fantastic tool to have in your arsenal. This indicator helps you spot trends early, setting you up for potential breakout opportunities.
The PVI is designed to smooth out volume fluctuations using a standard moving average period (default is set to 2). For a clearer picture, we've also included an Exponential Moving Average (EMA) with a period of 10 for comparison in the indicator window.
Important Note:
Keep in mind, the code is provided as-is. The author is not responsible for any errors or issues that might arise when using this program.
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