The Slow Volume Strength Index (SVSI) indicator can be purchased separately, or is available as part of the Club Membership. To get access to our entire collection of indicators, including any future releases, click here to join the Club.
The NinjaTrader Slow Volume Strength Index indicator (SVSI) was introduced by Vitali Apirine in the Stocks & Commodities article “The Slow Relative Strength Index” (July 2015). In the article he explains the SVSI is a “momentum volume oscillator that measures change in buying and selling pressure relative to a price exponential moving average (EMA).” He also explains that the SVSI can be used in the same manner as the SRSI, such as identifying divergence, overbought / oversold areas, and trending markets.
The SVSI is built on our Oscillator Framework, which allows users to easily run the indicator on multiple time frames (MTF), including custom bar types. To preview “The Framework” that makes our indicators a necessary part of every traders arsenal, please review the following video: