OPEN-SOURCE SCRIPT

Positive Volume Index

Updated
Hello traders!

This indicator was originally developed by Paul L. Dysart in the 1930s and then described and popularized by Norman G. Fosback in his book "Stock Market Logic: A Sophisticated Approach to Profits on Wall Street"

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Release Notes
  • Add coloring
accumulationdysartfosbackindexpositivePVIROCTrend AnalysisVolume IndicatorvolumeanalysisvolumeanalyticsVolume

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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