Upside/Downside Volume
Type
Market indicator, oscillator
Statement
In the upside/downside volume (up/down volume), the volume of falling shares is deducted from the volume of rising shares. The result is a representation oscillating around 0 as the center point with (theoretically) open extreme values.
Formula/calculation
Up/Down Volume = volume of rising shares - volume of falling shares
Default setting
- Period: 1
Basic trading systems
- None