You need to enable JavaScript in order to visit our site!
 
Logo PTMC
NAVIGATION
CANCEL
 
or via PTMC account
Restore password
or via PTMC account
Logo PTMC
NAVIGATION
or via PTMC account
Restore password
or via PTMC account
or via PTMC account
Restore password
or via PTMC account

The Percentage Volume Oscillator

The Percentage Volume Oscillator (PVO) is a momentum indicator that related to the volume. As opposite to the prices oscillator, this one uses volume to calculate. It's calculated as expressed in points or (more often) as a percentage of the difference between two moving averages overlayed on the volume of trading for a given instrument.

PTMC PercentageVolumeOscillator

This difference defines the direction of the overall volume trend.If the oscillator above the midline (default - 0), the volume increases if below zero - the volume decreases. The behaviour of price can be interpreted same way.

Use PVO in conjunction with other aspects of technical analysis for getting maximum profit. Good Luck!

Files
Discussion
Join PTMC community to post your comments
No comments yet. Be the first.
PTMC is a professional trading platform that combines all the best charting and analytical tools to trade on different financial markets. It is developed by PFSOFT UK LTD, a global provider of trading technology for banks & brokers
© 2017. PTMC is based on Protrader technology
PFSOFT UK LTD
71-75, Shelton Street,
Covent Garden,
London, WC2H9SQ,
United Kingdom
Support & Development
PFSOFT Ukraine
Office #701
Mechnikova Street, 10B
49000, Dnipro, Ukraine
Contact us
Phone: +380 56 740 30 01
E-mail: info@protrader.org
Skype: PTMC_support
Find more ways to contact
Join us in social networks