Percentage Volume Oscillator (PVO)
The PPO applied to volume: divides the spread between the fast and slow volume EMA by the slow EMA. Readings above zero mean volume is expanding and lends conviction to the current move; crossings of the zero line mark a volume regime change.
Live Demo
Pick a market regime to see how PVO(26) reacts:
Usage
import {} from 'trading-signals';
// PVO yields results once 26 inputs have been added
const = new ();