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Percentage Volume Oscillator (PVO)
Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=65254
Forum: 48 · Topic 65254 · 1 post(s)
Percentage Volume Oscillator (PVO)
Alexander.Gettinger · Sat Oct 28, 2017 11:30 am
The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume. PVO measures the difference between two volume-based moving averages as a percentage of the larger moving average.
Percentage Volume Oscillator (PVO): ((12-day EMA of Volume - 26-day EMA of Volume)/26-day EMA of Volume) x 100
Signal Line: 9-day EMA of PVO
PVO Histogram: PVO - Signal Line
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