Negative Volume Index (NVI)
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.
MACD – Moving Average Convergence / Divergence
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.
Momentum
Momentum is a forex technical indicator used in technical analysis by many traders. Momentum is an indicator that calculates the amount of change in the price of a product within a certain instrument.
Momentum indicators movement often precedes price movement at the time of the change in direction of trend in the trade. Therefore, the Momentum indicator can be used as early indicators (leading indicators).
The use of momentum indicators is similar to the use of indicators Price Rate of Change (ROC). Both these indicators are equally indicated that the rate of change of a product price. However, the Price ROC indicator shows the percentage of price changes while the momentum indicator showing the ratio of price changes.
Forex Dictionary
Technical Indicators
- Negative Volume Index (NVI)
- MACD – Moving Average Convergence / Divergence
- Momentum
- Mesa Sine Wave
- Median Price
- McClellan Oscillator
- Mass Index (MI)
- Market Facilitation Index
- Linear Regression
- Klinger Oscillator (KO)
- Keltner Channel (KC)
- Kairi
- Kagi Chart
- Intraday Momentum (IMI)
- Inertia
- Ichimoku Kinko Hyo (IKH)
- Historical (Natenberg) Volatility
- Herrick Payoff Index
- Haurlan Index
- Full Stochastic Oscillator


