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Knowledgebase: Technical Support > API > Client API's/VTL > VTL Server Scripts > Technical Analysis (TA) > Index Indicators
Trade Volume Index
Posted by Mohammad Rahhal, Last modified by Diana Alkouni on 02 September 2020 01:43 PM

Overview
The Trade Volume index shows whether a security is being accumulated or distribute (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. 

Note
MinTickValue is a double value specifying the minimum tick value to be used in the Trade Volume Index calculations. 


Class: Index

Function TradeVolumeIndex(Database, Field Source, Field Volume, double MinTickValue, string Alias)
Return Type returns object of type Recordset
Default Field Name(s) TradeVolumeIndex

 

 

  

See Also

Back to VTL Server Script Index

 

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