Negative Volume Index (NVI) is a forex technical indicator often used in technical analysis. Negative Volume Index (NVI) was developed by Norman Fosback in 1976. NVI is an indicator that focuses on the time when trading volume declined compared with previous days.

This method assumes that many investors who have enough information to play in the stock market when trading volumes are down (low). Conversely, when trading volumes are rising (high), the stock market usually dominated by the average investor.

Because NVI using the assumption that many investors have adequate information were playing in the stock market when trading volume is low (down) and vice versa, then the days where volume fell to very important. NVI can be used to indicate what is being done by investors who experienced it.

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MACD refer to Moving Average Convergence / Divergence. This technical indicator is often used by traders to illustrate the relationship of a 26-day and 12-day Exponential Moving Average.

Moving Average Convergence / Divergence or better known as the MACD is an indicator of a relatively simple and has a good level of reliability. Originally MACD was used by Gerald Appel MACD as a tool in analyzing trends and changing direction daily until the weekly cycle.

MACD uses two Exponential Moving Average (EMA) to indicate overbought or oversold condition that fluctuates above and below the zero line (zero line). On the MACD there are no absolute figures such as restrictions on Stockhastic Oscillator which typically uses the limits 30-70.

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