Price Volatility Index[Version No.1]
If the PVI index rises, it means that the inertia of the price is sufficiently supplied.
The key point here is that the rise in the PVI index doesn't mean the price is going up, and the decline in the PVI index is not going to go down.
Shows the strength of the amplitude of the price regardless of directionality.
If the PVI indicator rises, it means that the amplitude of the price is strong, and if the PVI indicator decreases, the amplitude of the price will be weakened, indicating a directionless market.
"This indicator had reused indicator which name is 'CEMA'.
Reused indicator URL:[url= tradingview.com/u/mvtradeide...] tradingview.com/u/mvtradeide...
reused indicator 'CEMA' CODE
study(title="Color EMA", shorttitle="CEMA", overlay=true)
en = input (10, minval=1, Title="Length")
src = input(close, Title="Source")
out = ema ( src , le)
(out, color=out>out?green:out[out?red:blue, linewidth=2, transsp=0, Title="CEMA")
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact HAMTOOSA_ACADEMY directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact HAMTOOSA_ACADEMY directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.