Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users Joined: 9/18/2008(UTC) Posts: 37
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hi,
After the SRSI coded in metastock is possble to code also the SVRSI by Vitali Apirine (slow volume relative strenght index)
the formula is
SVSI = 100 – [100/(1 + SVS)]
SVS = Average positive volume
/Average negative volume
n The SVSI measures buying/
selling pressure relative to a
six-day EMA
n Closing price is used for calculating
the EMA
n Volume is positive when the
close is above a six-day EMA
n Volume is negative when the
close is below a six-day EMA
n Negative volume values are
expressed as positive values,
not negative values
n If the closing price equals a
six-day EMA, then volume=0
(no change)
thank you very much
Luigi
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