Negative Volume Index | Negative-Volume-Index | Forex indicator download- MT4/MT5 resources

Negative-Volume-Index Negative Volume Index is an implementation of the classic volume-based technical indicator for MT4, MT5 and cTrader. > Negative Volume Index is an implementation of the classic volume-based technical indicator for MT4, MT5, and cTrader. ### Project Information - Programming Language: MQL5 - Star: 2 - Fork: 0 - License: Apache License 2.0 - Update Time: 2025-08-03T13:22:54Z ### Detailed Introduction# Negative Volume Index Negative Volume Index is a custom MT4/MT5/cTrader indicator coded by EarnForex.com. It is based on technical indicators created by Dysart and Fosback. It calculates and displays price changes only for bars with negative volume changes. It works on quoted volumes, but real trading volumes in MT5 can be used. Its main purpose is to confirm trend strength and predict reversals. More information about this custom MetaTrader and cTrader indicator can be found here: Any contributions to the code are welcome! ### File download - NVI.mq4 - NVI.mq5 ### Source codeView GitHub repository