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Price and Volume Trend


This object is a Trading Indicator. Price and Volume Trend was created by Patrick Fonce on August 3, 2009.
The creation of this Technical Analysis function demanded 9 lines.
The trading indicator is named 'PriceVolumeTrend' and it is coded using JScript.Net programming language.
It contains 1 parameter. The variable is:
lookback (Type: Number - Default Value: 0): To use all bars, set a value of -1

Example:
p = PriceVolumeTrend(0);

Here is how to draw the indicator on a chart:
Plot(PriceVolumeTrend(0), "Price and Volume Trend", colorRed);

Future and Past Bars:
The trading indicator has no look-ahead bias. It requires zero past bars.

Click on this link to download Price and Volume Trend

Search terms used to find this trading item include price volume trend, Price and Volume Trend, how to calculate pvt-price volume trend, PRICE VOLUME TREND FORMULA, software use price volume trend

The trading object is saved under the following categories: Technical Analysis

Trading Indicators:
Ease of Movement Indicator
The DeMark's DeMarker indicator
Buy Indicator
Drawdown: Long and Short

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Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.