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MetaTrader 5 Indicator | VPCI

The VPCI (Volume Price Confirmation) indicator shows the relationship between the price and the volume.

It has two input parameters:

  • Slow MA period - slow MA period;
  • Fast MA period - fast moving average period.

Calculations:

VPCI = VPC * VPR * VM

where:

VPC = VWMA(Slow MA period) - SMA(Slow MA period)  VWMA = Sum(Close * Volume)  SMA = Sum(Close)  VPR = VWMA(Fast MA period) / SMA(Fast MA period)  VM = (Sum(Volume, Fast MA period) * Slow MA period) / (Sum(Volume, Slow MA period) * Fast MA period)  

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