|
The Volume Oscillator is a technical indicator measuring the difference between two moving trading volume averages. It involves two exponential moving averages (EMAs) of volume, with a short-term EMA subtracted from a longer-term EMA. The resulting oscillator fluctuates around a zero line, and its values represent the percentage difference between the two EMAs. Traders use the Volume Oscillator to identify shifts in volume momentum. A positive value suggests increasing volume in the short term compared to the longer term, indicating potential strengthening of buying or selling interest. Conversely, a negative value implies declining short-term volume relative to the longer term, signaling a potential reduction in market interest. Crossovers, divergence/convergence patterns, and extreme values on the Volume Oscillator can be used to generate trading signals. For example, a bullish crossover, where the short-term EMA crosses above the long-term EMA, may signal a potential uptrend, while a bearish crossover may indicate a potential downtrend. |
|
Volume Oscillator
|
Action |
VO(7,14) Crossed Above 0 |
|
VO(7,14) Crossed Below 0 |
|
VO(7,14) Is Above 0 |
|
VO(7,14) Is Below 0 |
|
VO(7,14) Trending Up Last 3 Days |
|
VO(7,14) Trending Up Last 7 Days |
|
VO(7,14) Trending Up Last 13 Days |
|
VO(7,14) Trending Down Last 3 Days |
|
VO(7,14) Trending Down Last 7 Days |
|
VO(7,14) Trending Down Last 13 Days |
|
VO(7,14) Bullish Divergence |
|
VO(7,14) Bearish Divergence |
|
|
|
| |