Percentage Volume Oscillator
VolumeOwn panel belowNeeds volumeThe gap between a short and a long average of volume, as a percentage.
What it looks like
Drawn by running the real calculation over one sample series. Open a symbol and it is recalculated on that symbol's bars.
How to read it
Think of it as MACD applied to volume instead of price. Above zero means recent volume is running heavier than usual.
Where it misleads
It only sees volume — it says nothing about price direction.
Default settings
You can change these on the chart. These are the values it starts with.
In SQMATE
One tap to add
Open a symbol, tap the name in the indicator list and it is drawn straight away. You can stack several copies of the same indicator with different settings.
Recalculated per timeframe
Switch between minute, hourly, daily, weekly or monthly bars and it is recalculated on that timeframe. The maths runs over every bar loaded, so zooming never moves the line.
Use it as a search condition
Some indicators can also be used as an axis when searching for symbols — for example, keeping only symbols above a given reading, scanned every night.
Related indicators
- Net VolumeVolume drawn as a positive bar on up bars and a negative one on down bars.
- Volume OscillatorHow much heavier the short average of volume is than the long one, in percent.
- Relative VolumeHow many times its usual volume today traded.
- Volume + MAVolume bars with a moving average drawn over them.
- Williams A/DA running total of how far each bar pushed past the previous close.
- Market Facilitation IndexBar range divided by volume — how far each unit of trading moved the price.
Every indicator is an observation computed from past bars. It does not tell you future prices and it is not investment advice.