AnalysisTechniques&StrategiesVolumeOsc(Indicator)DisclaimerInputInformationNameExpressionDefaultDescriptionFastLengthNumeric14Numberofbarsusedtocalculatethefastvolumemovingaverage.SlowLengthNumeric28Numberofbarsusedtocalculatetheslowvolumemovingaverage.ColorNormLengthNumeric14Numberofbarsoverwhichtonormalizetheindicatorforgradientcoloring.UpColorNumericYellowColortouseforindicatorvaluesthatarerelativelyhighoverColorNormLengthbars. Setto-1todisablegradientcolorplotting.DnColorNumericMagentaColortouseforindicatorvaluesthatarerelativelylowoverColorNormLengthbars.Setto-1todisablegradientcolorplotting.GridForegroundColorNumericBlackColortousefornumbersinRadarScreencellswhengradientcoloringisenabled,thatis,whenbothUpColorandDnColoraresettonon-negativevalues.MarketSynopsisTheVolumeOscillatorindicatorcalculatesafastandslowvolumemovingaverage.Thedifferencebetweenthetwo(fastvolumema-slowvolumema)isthenplottedasahistogram.Thehistogram,likeanoscillator,fluctuatesaboveandbelowazeroline.Volumecanprovideinsightintothestrengthorweaknessofapricetrend.Thisindicatorplotspositivevaluesabovethezeroline,andnegativebelow.Apositivevaluesuggeststhereisenoughmarketsupporttocontinuetodrivepriceactivityinthedirectionofthecurrenttrend.Anegativevaluesuggeststhereisalackofsupportandpricesmaybegintobecomestagnantorreverse.PlotInformationNumberNameDefaultColorDescriptionPlot1VolOscYellow/MagentaPlotstheVolumeOscillatorvalue.Plot2ZeroLineDarkGreenPlotsareferencelineatzero.Whenappliedtoachart,thisindicatorcontainstwoplots,displayedinaseparatesubgraphfromthepricedata.SeteitherUpColorand/orDnColorto-1todisablegradientplotcoloring. Whendisabled,Plot1colorisdeterminedbysettingsinindicatorpropertiesdialogbox. Plot2(ZeroLine)coloralwayscomesfromindicatorpropertiesdialogbox.  Thisindicatoronlyreturnssignificantresultswhenappliedtobarswithatimeintervalofdailyorlarger.RelatedFunctionAverageFC