MetaTrader 4 Indicators - PVT - Price Volume Trend (variant of OBV)(MT4)
futures io

Categories Help    

MetaTrader 4 Indicators
Share MT4 MQL4 indicators (.MQ4/.EX4 files)

PVT - Price Volume Trend (variant of OBV)(MT4) 5 *
This indicator is a variant of OBV called PVT that is uses only a part of the volume in each bar for calculations, depending on how far price has moved. I find it to be more steady and accurate than OBV for determining overall trend - doesn't whipsaw up and down as much.

Here's some info about it:

In the screenshot below, PVT is in pink and OBV is in light blue.

Category MetaTrader 4 Indicators 
Suggest other entries I might like
Details: PVT - Price Volume Trend (variant of OBV)(MT4)
Category: MetaTrader 4 Indicators 

December 31st, 2009
Size: 3.33 KB
Downloaded: 411 times

Keywords: metatrader obv volume pvt


Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada),
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.