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Volume Surge Oscillator

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Volume Surge Oscillator (VSO) is a momentum oscillator inspired by the Nova Volume Trading System.

It measures the percentage deviation of price from a fast EMA, normalizes it by recent volatility, and then dynamically boosts or dampens the signal based on relative volume strength.

This oscillator highlights high-conviction moves by amplifying signals during above-average volume and reducing noise during low volume periods. Ideal for spotting momentum shifts, breakouts, and divergences.
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