Price Volume Trend (PVT)
Labels:
INDICATOR
,
INDICATOR STUDY
No comments
Price Volume Trend (PVT)
Description
The Price Volume Trend (PVT) study attempts to quantify the amount of volume flowing into or out of an instrument by identifying the close of the period in relation to the previous period’s close. The volume for the period is then allocated accordingly to a running continuous total.
Formula
Volume (Tick) = cumulative transactions over specified interval
Volume (Actual) = cumulative number of contracts traded over specified interval
Example
Subscribe to:
Post Comments
(
Atom
)
No comments :
Post a Comment