RE: [amibroker] VPCI indicator in Active Trader Feb 2005

["Bob Jagow" <bjagow@xxxxxxxxxxxxx>]

Could be wrong, but methinks '(bd.vwma(l,len,voltoday)' is 'Buff Dormeier'
secret sauce.

Bob
-----Original Message-----
From: exchangeexpert [mailto:abrasive1@xxxxxxxxxxx]
Sent: Tuesday, January 11, 2005 6:43 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] VPCI indicator in Active Trader Feb 2005





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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