Price Volume Trend MTF Indicator

📌 Indicator Name: Price Volume Trend MTF (PVT)
📖 Overview:
- One of the best forex technical indicators for trend traders, intraday traders, and long-term traders.
- Helps determine price direction, trend strength, and shows the balance between supply and demand.
⚙️ How It Works:
- Draws two lines (Lime & Red) on a separate chart:
  - ✅ Lime Line: Cumulative Volume (adds/subtracts % price change).
  - ✅ Red Line: Trend direction.
- Lime line shows the force behind the trend.
🔍 Signal Interpretation:
- Bullish Signal: Lime line crosses above Red line & Red line moving upwards → Strong bullish trend.
- Bearish Signal: Lime line crosses below Red line & Red line moving downwards → Strong bearish trend.
💡 Trading Tip:
- Buy Order: Lime line crosses above Red line.
- Sell Order: Lime line crosses below Red line.
✅ Conclusion:
- Simple yet powerful indicator for beginners & experts.
- Can be used alone or with other indicators.

Input Settings & Controls

📌 History
- Short: Number of candlesticks/bars used for calculation (default: 333).
- Long: Defines how many bars the indicator will consider in its calculations. Higher values mean more historical data for analysis.
🕒 TimeFrame
- Short: Timeframe for calculation (default: Current chart).
- Long: Allows choosing which timeframe’s data to use, even if the indicator is loaded on a different chart timeframe.
⚙️ Calculation
- Short: Calculation method (options: MQL_Original, MQL_TimeFrame, TSLAB_RU, Trading View, Japan_OCLH).
- Long: Determines the algorithm or formula style for indicator calculations based on the selected method.
🔴 PRPeriod
- Short: Red line period.
- Long: Sets the number of bars for calculating the red line (price trend line).
🟢 VLPeriod
- Short: Lime line period.
- Long: Defines the period for the lime line (volume trend line).
🧮 Method
- Short: Moving average type for calculations.
- Long: Specifies which moving average is applied when calculating cumulative volume and price values.
💲 Price
- Short: Price type for lime line (default: Close).
- Long: Sets which price (Close, Open, High, Low, etc.) is used for lime line calculation.
🔴 SQPeriod
- Short: Period for the red line.
- Long: Determines how many bars to consider for red line smoothing.
📈 SQMethod
- Short: Moving average for red line.
- Long: Defines the MA type applied to the red line for smoothing purposes.
💹 SQPrice
- Short: Price for red line calculation.
- Long: Specifies which price level is used to plot the red line values.
🏎 SigMA
- Short: Responsiveness of the red line.
- Long: Higher values make the red line smoother and less sensitive to price changes.
⚖ SGMethod
- Short: Specific Gravity used in calculation.
- Long: Affects weight and smoothing in indicator calculations.
🎨 Colors
- Short: Line colors can be customized.
- Long: Traders can modify colors for better visibility based on chart background.

Devices Supported

Device Type	Operating System	Compatibility with TradingView
💻 Windows Laptop/Desktop	Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11	✅ Fully supported via app
🍏 MacBook / iMac	macOS 10.15+	✅ Fully supported via app
📱 Android / Mobile	Android OS	❌ Not supported

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