[EquisMetaStock Group] Volume Price Confirmation Index

[pumrysh <no_reply@xxxxxxxxxxxxxxx>]

Thought some of you might enjoy this. Its a volume based indicator 
discussed in the March '05 edition of Active Trader. By using just 
the VPR I think you will find a most useful indicator...change the 
last line to VPR.

Enjoy,

Preston 


{VPCI}
{Vol Price Confirmation Index}
{Active Trader March 2005}
Pds:=input("periods",1,500,12);
Pdsa:=input("longterm vol periods",1,500,50);
VPC:=mov(c,pds,vol)-mov(c,pds,s);
VPR:= (mov(c,pds,vol)/mov(c,pds,s))*VPC;
VM:= mov(v,pds,s)/mov(v,pdsa,s);
VPCI:=(VPC*VPR)*VM;
VPCI







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