Price and Volume Trend (PVT)

Category: volume, momentum

Measures the cumulative flow of money by multiplying the percentage change in price by the period's volume, emphasizing periods with significant price movement and high volume.

Formula

PVT_i = \left( \frac{Close_i - Close_{i-1}}{Close_{i-1}} \right) \times Volume_i + PVT_{i-1}

Inputs

• InpVolumeType (default: VOLUME_TICK)

See signal primitives and every published strategy that uses Price and Volume Trend (PVT) on WOBR StrategyVerse.