The Price and Volume Trend (PVT) is a momentum indicator similar to the On Balance Volume (OBV) indicator but with a key difference. Unlike the OBV, which adds or subtracts total volume based on daily price changes, the PVT adjusts volume based on the percentage change in price, making it more sensitive to money flow.
@samer800 Is it possible to convert this PVT indicator and have the 21 EMA set to PVT like in this video in upper chart, or even a lower chart? This looks interesting.
@samer800 Is it possible to convert this PVT indicator and have the 21 EMA set to PVT like in this video in upper chart, or even a lower chart? This looks interesting.
Last edited by a moderator: