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v0.8.6: update indicator docs, ndepend tooling, ALMA refactor, gitignore cleanup

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Miha Kralj
2026-03-13 13:46:52 -07:00
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lib/volume/tvi/Tvi.md
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| **PineScript** | [tvi.pine](tvi.pine) |
- Trade Volume Index refines the relationship between price and volume by introducing a threshold filter.
- Parameterized by `mintick` (default 0.125).
- Output range: Unbounded.
- Requires `> 2` bars of warmup before first valid output (IsHot = true).
- **Similar:** [OBV](../vwad/Vwad.md), [CMF](../cmf/Cmf.md) | **Complementary:** Price trend | **Trading note:** Trade Volume Index; tick-based volume accumulation. Directional volume flow.
- Validated against TA-Lib, Skender, and Tulip reference implementations where available.
Trade Volume Index refines the relationship between price and volume by introducing a threshold filter. Unlike OBV which responds to any price change, TVI only changes direction when price movement exceeds a minimum tick threshold. This "sticky direction" behavior filters out noise from insignificant price fluctuations, allowing the indicator to better capture genuine accumulation and distribution.
@@ -231,4 +229,4 @@ The minTick should generally match or exceed the instrument's minimum price incr
- Blau, W. (1995). *Momentum, Direction, and Divergence*. Wiley.
- Blau, W. (1993). "The Trade Volume Index." *Technical Analysis of Stocks & Commodities*.
- Achelis, S. (2001). *Technical Analysis from A to Z*. McGraw-Hill.
- TradingView. "PineScript TVI Implementation." Community Scripts.
- TradingView. "PineScript TVI Implementation." Community Scripts.