David Iommi / 販売者

Price Volume Trend (PVT) Oscillator Description:  The PVT Oscillator is a volume indicator that serves as an alternative to the standard On-Balance Volume (OBV). While ordinary volume indicators can be noisy and hard to read, this tool converts volume flow into a clear Histogram Oscillator, similar to a MACD, but for Volume. It is designed to detect first  Trend Reversals and Divergences by analyzing the difference between a Fast and Slow PVT moving average. Why is this better than standard OBV?

This indicator is an MQL5 port inspired by the "Cyclic Smoothed RSI" concept originally developed by Dr_Roboto and popularized by LazyBear and LuxAlgo on TradingView. The Cyclic Smoothed RSI (cRSI) is an oscillator designed to address the two main limitations of the standard RSI: lag and fixed overbought/oversold levels. By using digital signal processing (DSP) based on market cycles, the cRSI reduces noise without sacrificing responsiveness.  It features Adaptive Bands that expand and contract