Stocks & Commodities V. 25:11 (74-85): Traders’ Tips by Technical Analysis, Inc.
Product Description
Traders’ Tips by Technical Analysis, Inc.
• METASTOCK: SHORT-TERM VOLUME AND
PRICE OSCILLATOR (SVAPO)
Code for MetaStock for the SVAPO indicator is already
provided by Sylvain Vervoort in his article in this issue,
“Short-Term Volume And Price Oscillator.” Please see the
article’s sidebar, “SVAPO MetaStock code.” —Editor
• TRADESTATION: SHORT-TERM VOLUME
AND PRICE OSCILLATOR (SVAPO)
Sylvain Vervoort’s article in this issue, “Short-Term Volume
And Price Oscillator,” describes the construction of a shortterm
oscillator based on price and volume. During uptrends,
when price and volume are moving up, volume is added to the
oscillator. During downtrends, when price is moving down
but volume is up, volume is subtracted from the oscillator.
During market phases when volume is not increasing with
price moves in the direction of the trend, nothing is added to
the oscillator.
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