Advanced Volume Index combines multiple volume-based indicators into a single composite score that measures overall volume strength: volume momentum, price-volume divergence, and volume trend. Provides comprehensive volume assessment.
Key Use: Get a complete picture of volume strength from multiple perspectives simultaneously.
Volume Momentum (40%)
VROC or Force Index component
Price-Volume Divergence (30%)
Whether volume supports or opposes price move
Volume Trend (30%)
Whether volume expanding or contracting longer-term
Overall Volume Health
Single score shows complete picture of volume conditions.
Trend Strength Rating
High AVI during price move = strong conviction trend.
Risk Assessment
Low AVI on advance = risky trade; high AVI = confident.
✓ Advantages
⚠ Limitations