Price Trend - Volume

Top 

Price Trend - Volume

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)