PVA – indicator MetaTrader 5

The indicator of increasing SonicR PVA Volumes and their extreme values

It has four inputs:

  • Climax period – extreme values calculation period
  • Rising period – emerging values calculation period
  • Rising factor – ratio of correcting emerging values relative to the candle volume
  • Extreme factor – ratio of correcting extreme values relative to the candle volume

The indicator displays five states:

  1. Increasing volumes on a bullish candle – light-green
  2. Increasing volumes on a bearish candle – orange
  3. Extreme volumes on a bullish candle – green
  4. Extreme volumes on a bearish candle – red
  5. Neutral volumes – gray



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