OPEN-SOURCE SCRIPT

Directional Volume Index (DVI)

Directional Volume Index

A. Directional Volume Index (DVI)
B. Average Directional Volume Index (ADVX)
C. Differential Directional Volume Index (DDVI)
D. Differential Directional Volume Index (DDVI) Divergences
Volume

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.

Want to use this script on a chart?

Disclaimer