Zeev's Turnips Patch-No Politics (ZEEV)

[westpacific]

VTO (Volume Trend Oscillator)

The VTO uses a proprietary algorithm to determine if the OBV trend for each stock in an index is up or down. The VTO is the net percentage of total activity for all the stocks in the index.The normal range of the VTO is about +50 to -50, and when the VTO reaches those extremes, it can signal that the market may be making a medium-term top or bottom.