Price Volume Trend (PVT)

The Price Volume Trend indicator (PVT) is a momentum based indicator used to measure money flow. PVT is similar to another technical analysis tool; On Balance Volume (OBV) in that it is an accumulation of volume. While the OBV adds or subtracts total daily volume depending on if it was an up day or a down day, PVT only adds or subtracts a portion of the daily volume. The amount of volume added or subtracted to/from the PVT total is dependent on the amount of the current day's price rising or falling compared to the previous day's close. Price Volume Trend (PVT) can primarily be used to confirm trends, as well as spot possible trading signals due to divergences.

Read more about Price Volume Trend in TradingView wiki.
timwest timwest PRO TGT, D, Long , 21 hours ago
TGT: The Drop in Target Shares is a sign to buy Target & T-Bonds
219 2 14
TGT, D Long
The Drop in Target Shares is a sign to buy Target & T-Bonds
Notice how Target tends to fall and signal a weak economy, which is picked up in the Bond market with falling rates (Bonds rise when rates fall - this is a chart of yields). There are 3 white-box areas that show the pattern. You can see it is a very reliable and useful pattern. This time around, however, that ...
Trader_Dale Trader_Dale PRO USDCAD, 30, 17 hours ago
USDCAD: USDCAD
150 1 10
USDCAD, 30
USDCAD
After this day i expect small corection up. Just watch reaction on big volume on this chart..
chartwatchers chartwatchers PRO USOIL, D, Short , 2 days ago
USOIL: OIL - EXXON and CHEVRON
1545 7 35
USOIL, D Short
OIL - EXXON and CHEVRON
Just a short update in oil... On Friday we got a pop again on low volume. The volume was the 25% of the key reversal's volume. I think the small players were stopping out their short positions before the Weekend OPEC meeting , because last time oil gapped up after the OPEC decision... That was the reason of the ...
BenchTeam BenchTeam XBTEUR, D, 3 hours ago
XBTEUR: Re-analysing Bitcoin - LONG overall - XBTEUR
52 1 4
XBTEUR, D
Re-analysing Bitcoin - LONG overall - XBTEUR
Hi At this point I've sold half of my bitcoin at break even. We didn't get the 'pop' upwards I was hoping for. I don't like to mess around with trades once I'm in, but taking a fresh look at the latest candles, I'm feeling that the probability of a good move up immediately is against us and I'd rather protect my ...
nottsy nottsy EURUSD, 240, Short , 3 hours ago
EURUSD: Rising Wedge - Shorting the Euro
72 0 7
EURUSD, 240 Short
Rising Wedge - Shorting the Euro
Volume is going down, while the price is going up. The RSI hasn't been able to even touch oversold and is stuck in a range, while the price is going up. Clear divergence on both and it is bearish. To me this Euro price action has been a healthy pullback and I am expecting this wedge to break to the downside. When ...
JasonTerry JasonTerry EURUSD, 15, 8 hours ago
EURUSD: watch for patterns
51 0 7
EURUSD, 15
watch for patterns
looking at bounce of top trend line for the best entry and better SL to TP ratio of almost 5:1 or 7:1 If you enter now be ready to pull if it passes trend line with major push in volume. you know what to do ;)
GoldMan06 GoldMan06 PRO XAUUSD, 30, Long , 5 hours ago
XAUUSD: Short Term
43 0 5
XAUUSD, 30 Long
Short Term
Volume Trade - Come on become Pro lol
GoldMan06 GoldMan06 PRO USOIL, 30, 5 hours ago
USOIL: Trade Idea
41 0 5
USOIL, 30
Trade Idea
Based on volume trade
SwissView SwissView PRO USDMXN, D, Short , 18 hours ago
USDMXN: Trumps Transition to Mr. Nice Guy
55 0 3
USDMXN, D Short
Trumps Transition to Mr. Nice Guy
Today (Monday 01/23/2017) is the "first" offical working day for Donald J. Trump as the 45th President of the USA. Investors all over the world have been scared about a sell off starting by the inauguration day and they still are. But there is no "crash" or sell off obviously. Donald Trump´s approval rates are ...
Xiamos Xiamos PRO M5Z, D, Long , 5 hours ago
M5Z: Manz long (news trade)
7 0 3
M5Z, D Long
Manz long (news trade)
Manz announced a big CIGS order for a thin-film photovoltaics production facility from a chinese company with a volume of 276M. given that the company value is just below 300M, this is a huge order. went long the upgap levels as shown above with a starter 20% position at 39.08 (20%-size), added 40% at 38.46 and ...
RLopez RLopez SQ, D, Long , 13 hours ago
SQ: Cup & Handle ???
6 0 3
SQ, D Long
Cup & Handle ???
Possible cup & handle except the spike o volume on a down day like today Jan 23
GoldMan06 GoldMan06 PRO EURUSD, 30, Long , 5 hours ago
EURUSD: Trade Idea Based on Volume
30 0 2
EURUSD, 30 Long
Trade Idea Based on Volume
GL
MontangeUpdate MontangeUpdate DJY0, D, 19 hours ago
DJY0: Current Market Status
13 0 2
DJY0, D
Current Market Status
We are not experiencing a traditional "January Effect", this market is showing a strong consolidation period; with clear trends migrating towards the downside. Will this trend reverse to the upside? The answer to this question can be clarified with an analysis of the VIX. Currently, VIX is trending to the upside, ...
AtoHoward AtoHoward SGMO, D, Short , 21 hours ago
SGMO: SGMO Quick Short; Late But Still Valid
7 0 2
SGMO, D Short
SGMO Quick Short; Late But Still Valid
Sorry, didn't put this up earlier but it's still valid. SGMO has bearish divergence between 11/14 last year and 01/13 this year (white arrows on chart and RSI ). Also as usual, RSI shows signal for selling (overbought). The price also happens to be at the downtrend channel resistance. The volume profile shows ...
cantestogo cantestogo XRA, 240, Short , 4 hours ago
XRA: XRA: ONE MORE REJECTION AROUND 1,07$ LEVEL?
5 0 2
XRA, 240 Short
XRA: ONE MORE REJECTION AROUND 1,07$ LEVEL?
XRA is spiking with a good volume. Look to the price action around 1,07$: a strong rejection could be a short setup. A strong breakout above that level invalidates this setup.
hopscotch hopscotch HEJ2017, D, Short , 17 hours ago
HEJ2017: Lean Hogs
1 0 2
HEJ2017, D Short
Lean Hogs
April Lean Hogs collapsed further today. Looking for candlestick pattern 3 black crows tomorrow, which might suggest building out the last leg of the Cypher pattern. Next target for the bears is 61.8% at 66.675. Still being cautious of a break up for more long action. Open interest is still rising and volume is ...
DSFX DSFX AUDUSD, 60, Short , 4 hours ago
AUDUSD: AUD/USD
20 0 1
AUDUSD, 60 Short
AUD/USD
Break of wedge/channel + high volume bearish doji
GoldMan06 GoldMan06 PRO AUDUSD, 30, Long , 3 hours ago
AUDUSD: Trade Idea
19 0 1
AUDUSD, 30 Long
Trade Idea
Based on volume trade
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