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Volume price confirmation indicator (VPCI)

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=3478
Forum: 17 · Topic 3478 · 4 post(s)


Volume price confirmation indicator (VPCI)

Alexander.Gettinger · Mon Feb 21, 2011 12:11 am

VPCI find the relation between price and volume. Formulas: VPCI=VPCVPRVM, where VPC=VWMA(Slow_period)-SMA(Slow_period), VWMA=Sum(Price_closeVolume), SMA=Sum(Price_close), VPR=VWMA(Fast_period)/SMA(Fast_period), VM=(Sum(Volume,Fast_period)Slow_period)/(Sum(Volume,Slow_period)*Fast_period).

VPCI.png

Download:

VPCI.lua

The indicator was revised and updated

MQ4/MT4 version. viewtopic.php?f=38&t=61609


Re: Volume price confirmation indicator (VPCI)

nookie · Mon Jun 15, 2015 5:52 am

Can we convert this to histogram style with green for rising and red for declining values ?


Re: Volume price confirmation indicator (VPCI)

Apprentice · Tue Jun 16, 2015 2:49 am

Bar Option Added.


Re: Volume price confirmation indicator (VPCI)

Apprentice · Tue Jul 04, 2017 9:25 am

The indicator was revised and updated.