Integrated Price Mass (Lite) [acatwithcharts]

This is a "lite" version of my Integrated Price Mass indicator. It is limited to using just SMA and regular STDEV, resulting in a faster-loading and more stable indicator for general use.

I took Mark Whistler's WAVE-PM indicator and first integrated the result by taking a running total of the period number then re-averaged it in order to make it range-bound. This means that a 14-period WAVE-PM is normal, but as the period number increases it increasingly becomes the average of periods below it.

In theory, this should create a measurement for the "impulse" of the "force" of a volatility expansion. This would clearer on the 3D version I am simultaneously publishing, but this more conventional version won't break your browser window.

In practice, this should work similarly to WAVE-PM, but it should smooth out choppy conflicting period numbers to give a better overall picture. It gains a lot of data from calculating more period lengths and promptly loses a bunch from its averaging effect. This is a trade-off, and thus Integrated Price Mass is likely best used side-by-side with WAVE-PM.




I am posting these as invite-only and have a short list of collaborators in mind who will get access if they want it. It is not being made available to the general public as of this posting; I’m vaguely working towards eventually offering being able to offer some sort of paid indicator offering in the future.


Rather than shut the door entirely, I will say that if someone approaches me by PM with a really interesting idea on how they’d like to test this or my other indicators, I’m willing to consider giving access. I’m not giving this away just to anyone who asks and will, for my own time and sanity, probably just ignore requests by people who don't come to me already knowing what this indicator does and how they might want to use it.