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Volume Oscillator
VolumeOscillator(Short Term Periods, Long Term Periods, MA Type, Points or Percent)
VO(Short Term Periods, Long Term Periods, MA Type, Points or Percent)
Overview
The Volume Oscillator shows a spread of two different moving averages of
volume over a specified period of time.
Interpretation
Offers a clear view of whether or not volume is increasing or decreasing.
Recommended Parameters
Short Term Periods: 9
Long Term Periods: 21
MA Type: SIMPLE
Points or Percent: PERCENT
Example
set BUY = VO(9, 21, SIMPLE, PERCENT) > 0