PVO

Percentage Volume Oscillator

Description

The Percentage Volume Oscillator (PVO) is the percentage difference between two moving averages of volume. It is displayed alongside a moving average of the PVO.

Category

Volume Indicators

Parameters

N1 ( Default: 12 Min: 1 Max: 100 )

N2 ( Default: 26 Min: 1 Max: 100 )

N3 ( Default: 9 Min: 1 Max: 100 )

Chart Script

E1:= EMA(V,N1);
E2:= EMA(V,N2);
PVO: (E1-E2)/E1*100;
M : EMA(PVO,N3);