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can someone help translate this from tradestation code? TIA:
TradeStation code for the Volume Price Confirmation indicator
(VPCI), p. 38:
{*******************************************************************
Description : This Indicator plots VPCI, Volume Price Confirmation
indicator
Developed by: Buff Dormeier, CMT
Marketguru@xxxxxxxxx or (800) 552-0774
********************************************************************}
Inputs:len2(10),VolToday(true), BBLength(3), StandardDev(2),
UpColor(DarkGreen), DnColor(Red);
;
variables:
VPCI(0),len(0),volumevolitility(0),vadjuster(0),vspread(0),smoothVPCI
(0);
len=len2*4;
VPCI= (bd.vwma(l,len,voltoday) -
average(l,len))*(((bd.vwma(l,len,voltoday))/average(l,len))) *
((bd.vwma(l,len2,voltoday))/average(l,len2))
* ((AVERAGE(V,len2)/ AVERAGE(V,len)));
smoothVPCI= bd.vwma(VPCI,len,voltoday);
volumevolitility= (average (volume,5)/average(volume,15))
*standardDev;
vspread= average(l,len)-(bd.vwma(l,len,voltoday));
vadjuster= vspread + average(l,len);
Plot1 (VPCI, "T");
Plot2 (smoothVPCI,"ST");
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