The Positive Volume Index (PVI) is a popular and useful Forex indicator that is available for free on the MT4 trading platform. The indicator works by comparing the current day’s volume to the previous day’s volume. If the current day’s volume is higher than the previous day’s volume, then the Positive Volume Index is increased. If the current day’s volume is lower than the previous day’s volume, then the Positive Volume Index is decreased. The Positive Volume Index is a great tool for traders of all levels and can be used to help identify potential trading opportunities.
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