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Percentage Volume Oscillator (PVO)

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61248
Forum: 38 · Topic 61248 · 1 post(s)


Percentage Volume Oscillator (PVO)

Alexander.Gettinger · Thu Sep 25, 2014 9:20 am

Original LUA oscillator: viewtopic.php?f=17&t=27744.

Formulas: PVO = ShortMA-LongMA, if Mode = Absolute, PVO = (ShortMA-LongMA)/LongMA, if Mode = Relative, Signal = MA(PVO) with [Signal_Length] number of periods and [Signal_Method] type, Histogram = PVO-Signal, where ShortMA = MA(Volume) with [Short_Length] number of periods and [Short_Method] type, LongMA = MA(Volume) with [Long_Length] number of periods and [Long_Method] type.

PVO_MQL.PNG

Download:

PVO.mq4

TS2 version. viewtopic.php?f=17&t=27744