Variable List Abbreviation: PriceTrend-Vol
Variable Mode(s): Stock and Futures1
[ Note: appears in indicator list only after volume selected ]
Parameter(s): PriceTrend-Vol time periods
Description:
Sum of price changes weighted by volume. The weighting causes price changes during times of high volume to have more significance then price changes during times of low volume.
Calculation:
Sum over n (time periods) time periods of
volume * (close - previous close)
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