VolumeOsc

Description

The Volume Oscillator study calculates the difference between the two moving averages of volume: the fast and the slow ones.

Positive values of the Volume Oscillator signify a volume uptrend, while the negative ones signify a downtrend.

Input Parameters

Parameter Description
fast length The number of bars used to calculate the fast moving average.
slow length The number of bars used to calculate the slow moving average.
color norm length The number of bars defining the coloring algorithm.
diff type Defines whether the result is expressed as points or percentage relative to slow moving average.

Plots

Plot Description
VolumeOsc The Volume Oscillator.
ZeroLine Zero level.

Example*

*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.

  Past performance is no guarantee of future performance.

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