Just like all the previously described currency technical indicators, volatility based currency indicators monitor switchs in the market price, and comparing them to historical values. Forex traders oftentimes apply Price and Volume Trend (PVT) as the foundation for a fx trading strategy. In the case of Price and Volume Trend (PVT), itis done by evaluating how close the close price was in link to the market price range. If the market strengths are decelerating it signify that the typical asset is going to start losing value pretty shortly.
Download : Price and Volume Trend (PVT)