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This page contains the formula for Percentage Volume Oscillator and you can download the formula in Excel spreadsheet.

Percentage Volume Oscillator

Percentage Volume Oscillator is the percentage difference between two moving averages of volume. The short term VMA is the "Fast VMA" and the long term VMA is the "Slow VMA".

Formula:

PVO = (( Fast VMA - Slow VMA ) / Swlo VMA ) * 100

VMA = Volume Moving Average

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