Trade Volume Index

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TradeVolumeIndex(Vector, Minimum Tick Value)
TVI(Vector, Minimum Tick Value)

Overview
The Trade Volume index shows whether a security is being accumulated or
distributed (similar to the Accumulation/Distribution index).

Interpretation
When the indicator is rising, the security is said to be accumulating. Conversely, when the indicator is falling, the security is said to being distributing. Prices may reverse when the indicator converges with price.

Recommended Parameters
Vector: CLOSE
Minimum Tick Value: 0.25

Example
set BUY = TVI(CLOSE, 0.25) > 0
Evaluates to buy when the Trade Volume Index is in positive territory.

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