Extra indicators
PVT: Price Volume Trend
A running total of volume, added or subtracted in proportion to each candle's percentage change.
Die Idee in einfachen Worten
Like On Balance Volume, PVT asks whether volume flows into rises or falls, but it weighs each candle's volume by how far the price actually moved.
So wird gerechnet
Each candle adds volume × (close − previous close) ÷ previous close to the running total.
PVT = PVT₋₁ + volume × (close − close₋₁) ÷ close₋₁Anwendung
- Rising PVT confirms an uptrend; falling PVT confirms a downtrend.
- Divergences warn that a trend lacks support.
Schlüsse ziehen
- The absolute level means nothing; the direction and divergences do.
Beispiel
MSFT daily: the price makes a new high but PVT does not; the rally has less volume behind it than the last one.
Kurse in Beispielen dienen der Veranschaulichung.
Worauf man achten sollte
- Tick volume on CFDs approximates real volume.
Ein wenig Geschichte
A long-standing volume indicator, a refinement of Joseph Granville's On Balance Volume (1963).
Nur Bildungsinhalte. Kein Indikator und kein Muster sagt die Zukunft voraus, und nichts hier ist eine Anlageberatung.