VOLUME & MONEY FLOW
Price-volume trend
Like on-balance volume, but it counts the SIZE of each move rather than just its direction — so a 5% day counts far more than a 0.
spec id: pvt
What does Price-volume trend measure?
Like on-balance volume, but it counts the SIZE of each move rather than just its direction — so a 5% day counts far more than a 0.1% one.
How is Price-volume trend calculated?
Start at zero. Each candle, multiply its volume by that candle's percentage price change, and add the result to the running total.
Written by reading the engine’s real computation, not a textbook — where the two differ, the page describes what actually runs.
How do I use Price-volume trend in a bot?
In the builder, add an indicator of type pvt. Its value becomes an operand you can compare in any entry or exit rule. The engine grades the whole rule honestly: real fills, no look-ahead, half the history held back.
Related indicators
- Volume ratioToday's volume compared with normal.
- Volume ROCHow much trading activity has changed, in percent.
- VWAPA volume-weighted fair price: the average price actually paid, with busy candles counting for more than quiet ones.
- Volume zone oscIs volume flowing with the up candles or the down candles?
Or browse all 158 indicators in the full library.