Siyeon

Volume Price Confirmation Indicator by 2tm

This script is based on Buff Pelz Dormeier’s article “Investing with Volume Analysus”


As you knows the Volume is the Only Indicator to prior Candles.


So, Lot's of CMT (Charted Market Technicians) invest the Volume Indicator and the Buff Dormeier's VPCI is very popular.


If you have interest let's prey to God Google then he'll be answered.



Anyway, The Basic Logic is this.

a. VPC=SUM(C*V,PERIOD)/SUM(V,PERIOD)-MA(C,PERIOD)

b. VPR= SUM(C*V,PERIOD)/SUM(V,PERIOD)/MA(C,PERIOD)

c. VM=AVG(V,PERIOD)/AVG(V,PERIOD*K)

d. VPCI=VPC*VPR*VM



Feel free to use my script.
Oct 15
Notas de Lançamento: Updates.

I'd made great mistake at the Fomla and now I fixed it.



And I separated VPCI and VPCIS.

With that, now you can make a simple Buy/Sell strategy.




Also I added VPCI's Bollinger Bands

It's much helpful to track change of Volumes.
Oct 15
Notas de Lançamento: Updates

Minor Bug Fixed
Oct 30
Notas de Lançamento: Minor Update.

- I'd adjusted The Offset of Signal.
- Now you can choose what you want.
Oct 30
Notas de Lançamento: Minor Bug Fixed
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매매 일지 : t.me/iam2themoon
유튭 채널 : bit.ly/2tm_Ch
교육 문의 : bit.ly/SOFTmentoring
지표 문의 : 텔레그램 @mr_orderblock
Great work you have done here. Could you please email me on olukunmiayoade@aol.com so I can forward to you the compiler report.

thanks
Olu
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Siyeon Olukunmi123
@Olukunmi123, Hello there, thank you and I'll send an email. Have a nice day.
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