Glossary
V
vector: direction and magnitude.
velocity: rate of bar formation on a tick chart owing to volume.
via: by means of; through; using.
Visage: a bar overlay that paints a candle in 1 of 3 states: chop, drift, trend.
vivacity: the state of liveliness.
volatility: the comparable degree to which the price of a stock fluctuates; a measure between high and low on a bar; a recent range between high and low. See beta.
volume: the number of shares traded over either ticks or time.
VoX (volume index): an overlay that tells volume pressure on price. (The member definition is more precise.)
voximization: level of volume pressure.
VWAP (Volume Weighted Average Price): an overlay that shows a moving average of price by volume, along with standard deviations. VWAP is commonly used for a day’s activity or longer duration as a way to perceptually calibrate price behavior. VWAP7 is SST's enhanced VWAP overlay.