The Slow Volume Strength Index Indicator
Yet again PTMC users are able to fulfill their collection with a tool which focus is volume. SVSI is a concept of its predecessor SRSI, however it measures relative strength of volume. Original idea is presented by Vitali Apirine. This tool utilizes a price-based moving average with advanced smoothing algorithm to determine overbought and oversold areas, as well as divergences. It is well adjustable indicator and good to source for dips in established trends.