Skip to content

Indicator Formula

Technical Details — Volume Oscillator (VO)

Section titled “Technical Details — Volume Oscillator (VO)”

The Volume Oscillator calculation produces a n unbounded oscillator measuring volume.


Mathematical Derivation

Purpose: Derive the Volume Oscillator value.

See the Volume Oscillator formula derivation in technical references.

Where:

  • Period parameters control lookback sensitivity

What This Measures: Volume dynamics



Compact Formula Summary

Refer to Volume Oscillator formula for compact notation.

Defaults: Fast Period = 5 bars, Slow Period = 10 bars


Complete Calculation Example

See the Volume Oscillator technical documentation for worked calculation examples.


Key Takeaways from the Example
  1. Period sensitivity: Shorter periods = more signals, longer = smoother
  2. Threshold selection: Adjust based on asset volatility
  3. Signal line: Smoothed version for crossover timing