VPCI - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

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

It has two input parameters:

 VPCI = VPC * VPR * VM

Where:

 VPC = VWMA(slow MA period) - SMA(slow MA period)
VWMA = Sum (Closing Price * Volume)
SMA = sum (closing price)
VPR = VWMA (fast MA period) / SMA (fast MA period)
VM = (Sum(Trading Volume, Fast MA Period) * Slow MA Period) / (Sum(Trading Volume, Slow MA Period) * Fast MA Period)