Studies · Volume

Price Volume Trend (PVT)

priceVolumeTrend · Running total of volume scaled by fractional price change

Drawn in its own panelReads close, volume

Hover the chart to read values · practice data: a seeded random walk with no overnight gaps

What it measures

A running total of volume multiplied by each bar’s percent price change. A 3% up day adds three times as much as a 1% up day, where OBV would count them the same.

How traders use it

• Trend confirmation and divergence, read the same way as OBV.

Parameters

None — the study is fully defined by its formula.