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PVA Indicator
Trying my hands on PVA Indicator. Indicator considers Price & Volume Action.
Not to be used as a standalone indicator.
Scale: 100 / -100
Gray: Uptrend - Rising
Dark Gray: Uptrend - Falling
Orange: Downtrend - Falling
Maroon: Downtrend - Rising
Black: Undecided (Usually caused by very low volume/unchanging price/choppy chart)
Not to be used as a standalone indicator.
Scale: 100 / -100
Gray: Uptrend - Rising
Dark Gray: Uptrend - Falling
Orange: Downtrend - Falling
Maroon: Downtrend - Rising
Black: Undecided (Usually caused by very low volume/unchanging price/choppy chart)
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