Volume Oscillator

Volume oscillator is a technical analysis study which measures the difference between two moving averages. One of the moving averages is a fast (short, low number of periods) moving average and the other is a slow (long, higher number of periods) moving average.

The volume oscillator will be zero when these moving averages cross, positive when the fast moving average is higher than the slow moving average, negative when the fast moving average is lower than the slow moving average. Therefore a strong positive volume oscillator signals a possible upwards trend while a negative volume oscillator signals a downward trend.

• Number of periods to use in calculating fast (short) component
• Number of periods to use in calculating slow (long) component
• Value to use as basis for calculation (open, low, high, close, adjusted close)