Price Volume Trend Oscillator PVT
- 지표
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David Iommi
I am specialized in applying deep learning and statistical models for signal and imaging processing.
As a personal passion, I like to develop code for trading signals and strategies for stock market data and time series.
My Approach: - 버전: 1.10
- 업데이트됨: 14 5월 2026
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?
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Smart Filtering: Unlike OBV which adds all volume blindly, the PVT only adds volume proportional to the price change. This filters out fake moves.
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Visual Signals: The histogram changes color automatically. Green means Bullish Volume, and Red means Bearish Volume.
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Adaptive Scaling: Includes a built-in Normalization algorithm that keeps the bars readable and prevents them from spiraling out of control.
Key Features
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4 Smoothing Algorithms: Choose your preferred calculation method:
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SMA (Simple)
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EMA (Exponential - Recommended)
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VWMA (Volume Weighted)
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WMA (Weighted)
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Zero-Line Cross Detection: shows when market momentum shifts from Sellers to Buyers.
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Dual-Period Logic: Uses a Fast/Slow period comparison to identify momentum shifts early.
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Real Volume Ready: Works with both Tick Volume (Forex) and Real Volume (Stocks/Futures).
How to Trade
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Trend Confirmation: If Price is rising and the Histogram is Green and rising, the trend is healthy.
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Reversal Signal (Divergence): If Price makes a New High, but the Oscillator makes a Lower High, this is a classic Bearish Divergence signal.
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The Zero Cross: A cross from Red to Green indicates a shift to Bullish momentum.
Input Parameters
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InpShortPeriod / InpLongPeriod: Sets the sensitivity of the oscillator (Default: 5/10).
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InpMaType: The smoothing formula (EMA, SMA, VWMA, WMA).
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InpNormalize: (True/False) Enables the smart scaling to keep the chart clean.
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InpVolumeType: Choose between Tick Volume or Real Volume.
This is a free tool. If you find it helpful, please leave a review!
Risk Disclaimer
The information and signals provided by this indicator are for educational and analytical purposes only and do not constitute financial advice. Trading financial markets (Forex, Stocks, Futures) involves a high level of risk and may not be suitable for all investors.
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No Guarantees: Past performance of this tool is not indicative of future results. Market conditions can change rapidly.
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Not a Financial Advisor: I am a software developer, not a registered investment advisor. This tool is designed to assist your analysis, not to make trading decisions for you.
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User Responsibility: You are solely responsible for your trading decisions and risk management. Never trade with money you cannot afford to lose.
