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
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.
Sum over n (time periods) time periods of
volume * (close - previous close)