The forex industry is made up of countless definitions and it's easy to forget a few along the way. But because no forex education can be complete without a glossary of forex terms, we've compiled one which aims at explaining key definitions in the simplest way possible. This way, you'll never be lost or confused again!
It is a momentum oscillator developed by Gene Quong and Avrum Soudack.
It combines both price and volume. It measures the strength of money flowing in and flowing out of a financial instrument over a period.
There are two general interpretations:
Category: Technical Indicators