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Negativemomentum

Volume Positive Negative Indicator [CC]The Volume Positive Negative Indicator was created by Markos Katsanos (Stocks and Commodities April 2021 pg 9) and this indicator is useful for determining long trends but with some modification you can use it for short trends as well. Buy when the indicator line is green and sell when it turns red. Make sure to experiment with the threshold and see what works best for you. Let me know if there are any other indicators you want me to publish!
Pine Script® indicator
by cheatcountry
May 20, 2021
88

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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