Price Volume Trend (PTV) is the indicator helping to figure out what Forex trend is, possible weak points of present price movement as well as change of price and volume in percentage.
In comparison with many other similar indicators, Price volume trend does not simply show growth or decline of volume, but also growth or dropdown of price in the per cent form.
Stochastic oscillator – is a technical indicator designed by the president of "Investment Educators" corporation George C. Lane in the end of 1950-s. Stochastic estimates market momentum and shows position of present price against price range (between High and Low) for a definite time period. It is measured in per cent from 0 to 100.
According to George C. Lane, “doesn't follow price, it doesn't follow volume or anything like that. It follows the speed or the momentum of price. As a rule, the momentum changes direction before price.”
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