Volume Oscillator (VO)

Category: volume

Calculates the percentage difference between a short-term and long-term moving average of volume to identify volume momentum and surges.

Formula

VO = \frac{SMA(Volume, Short) - SMA(Volume, Long)}{SMA(Volume, Long)} \times 100

Inputs

• short_period (default: 5)
• long_period (default: 10)
• signal_period (default: 10)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.