SVAPO: A Short-Term Price and Volume Oscillator

Summary

SVAPO combines smoothed price movement and volume to gauge short-term directional pressure. The method derives a Heikin-Ashi-style price series, smooths it, and compares it with a volume trend. Volume is capped relative to a recent average before being accumulated with a positive or negative sign; the resulting series is smoothed and normalized by average volume. Upper and lower reference bands are scaled from the oscillator’s recent standard deviation.

The description associates bearish signals with crossing the lower deviation band and bullish movement with crossing down the upper band. It supplies parameter settings, including a period of 8 and a standard-deviation window of 100, but gives no chart examples, market tests, or performance evidence. The stated signal wording is not fully intuitive, and no entry, exit, position-sizing, or risk rules are specified, so the indicator alone does not define a complete trading system.

Key ideas

• SVAPO combines smoothed price changes with volume trends to indicate short-term directional pressure.
• It caps volume relative to a recent average before accumulating signed volume contributions.
• The oscillator is normalized and compared with bands based on recent standard deviation.
• The document provides parameters but no test results or complete trade-management rules.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.