Volume Zone Oscillator

The Volume Zone Oscillator (VZO) was developed by Walid Khalil and David Steckler. It is based on an analysis of price action and volume value.

Signals.

1. Overbought/Oversold. Open sell order if indicator value is above than 40, and open buy order then it is below than -40.

2. Trend. If indicator crosses zero line form above/below then the market is bearish/bullish.

Files

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04.04.2017

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