OPEN-SOURCE SCRIPT
Price × Volume Momentum (FSTO / RSI / Avg)

decided to combine my PXVS and PXVR in to one script. user has the option to use FSTO, RSI, or the average between the two oscillators.
the oscillator components have been modified to range from -100 to +100 to express directional magnitude.
volume remains 0 to 100, so it can function as a direction-neutral amplifier.
The result is a bi-directional composite oscillator that:
>> Emphasizes congruent signals (e.g., strong price direction with strong volume).
>> Minimizes misleading or incongruent signals from high volume paired with neutral or conflicting price movement.
Ideal for identifying high-conviction breakouts and momentum divergences with volume support.
the oscillator components have been modified to range from -100 to +100 to express directional magnitude.
volume remains 0 to 100, so it can function as a direction-neutral amplifier.
The result is a bi-directional composite oscillator that:
>> Emphasizes congruent signals (e.g., strong price direction with strong volume).
>> Minimizes misleading or incongruent signals from high volume paired with neutral or conflicting price movement.
Ideal for identifying high-conviction breakouts and momentum divergences with volume support.
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。