LinkedInwithBackgroundYourPrivacyRightsInvestopediaandourthird-partypartnersusecookiesandprocesspersonaldatalikeuniqueidentifiersbasedonyourconsenttostoreand/oraccessinformationonadevice,displaypersonalizedadsandforcontentmeasurement,audienceinsight,andproductdevelopment.TochangeorwithdrawyourconsentchoicesforInvestopedia.com,includingyourrighttoobjectwherelegitimateinterestisused,clickbelow.Atanytime,youcanupdateyoursettingsthroughthe"EUPrivacy"linkatthebottomofanypage.Thesechoiceswillbesignaledgloballytoourpartnersandwillnotaffectbrowsingdata.ListofPartners(vendors)Weandourpartnersprocessdatato:Activelyscandevicecharacteristicsforidentification.Useprecisegeolocationdata.Storeand/oraccessinformationonadevice.Selectpersonalisedcontent.Createapersonalisedcontentprofile.Measureadperformance.Selectbasicads.Createapersonalisedadsprofile.Selectpersonalisedads.Applymarketresearchtogenerateaudienceinsights.Measurecontentperformance.Developandimproveproducts.ListofPartners(vendors)IAcceptShowPurposesTechnicalAnalysisGuidetoTechnicalAnalysisTechnicalAnalysisBasicEducationAdvancedTechnicalAnalysisConceptsTechnicalAnalysisTechnicalAnalysisBasicEducationWhatistheTradeVolumeIndex(TVI)TheTradeVolumeIndex(TVI)isatechnicalindicatorthatmovessignificantlyinthedirectionofapricetrendwhensubstantialpricechangesandvolumeoccursimultaneously.Unlikemanytechnicalindicators,theTVIisgenerallycreatedusingintradaypricedata.UnderstandingTradeVolumeIndex(TVI)TheTradeVolumeIndexindicatorissimilartotheon-balancevolumeindicator.Itmayalsobeconsideredincomparisontoothervolumeindicatorssuchasvolumeweightedaverageprice(VWAP),thePositiveandNegativeVolumeIndexes,theIntradayIntensityIndex,andChaikin’sMoneyFlow.CalculatingtheTVITheTradeVolumeIndexisacommonindicatorprovidedbytechnicalchartingsoftware.Itscalculationcanvaryacrosstheindustrywithdifferentprogramspotentiallyusingdifferentformulas.Themostcommonandsimplifiedapproachisacalculationthatisbasedontickvalueatintradaypriceintervals.Tradersmayhavetheoptiont