PROTECTED SOURCE SCRIPT
Zero Lag Volume Price Confirmation Indicator
Implementation of Volume Price Confirmation Indicator with an added Zero Lag VPCI inspired by ZLEMA from Ehlers. It also supports a Fisher mode that can show interesting signals.
Based on docs.mta.org/docs/2007DowAward.pdf
Addendum (from the author):
"At the time, I believed a falling trend and falling VPCI was bearish, it is in fact a bullish indication."
"I also may have stated a falling trend and a rising VPCI was bullish, however it is a bearish indication."
More reading material:
cmtassociation.org/video/volume-price-confirmation-indicator/
scribd.com/document/341008522/TASC-VPCI-Between-Price-Volume-pdf
Based on docs.mta.org/docs/2007DowAward.pdf
Addendum (from the author):
"At the time, I believed a falling trend and falling VPCI was bearish, it is in fact a bullish indication."
"I also may have stated a falling trend and a rising VPCI was bullish, however it is a bearish indication."
More reading material:
cmtassociation.org/video/volume-price-confirmation-indicator/
scribd.com/document/341008522/TASC-VPCI-Between-Price-Volume-pdf
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.