OPEN-SOURCE SCRIPT
Updated VPCI [Volume Price Confirmation Indicator] v1.0
I implemented the Volume Price Confirmation Indicator (VPCI), invented by Buff Dormeier.
I applied the logic in the "Investing with Volume Analysis" book.
Like MACD, it can also be used as a divergence or convergence method. The default value of whether to use this function is off.
Gold cross and dead cross points can also be marked. The default in this case is on.
Implemented the Volume Price Confirmation Indicator (VPCI), invented by Buff Dormeier.
I applied the logic in the "Investing with Volume Analysis" book.
Like MACD, it can also be used as a divergence or convergence method. The default value of whether to use this function is off.
Gold cross and dead cross points can also be marked. The default in this case is on.
It will be continuously updated. I will add the [four kinds of strategic sectors with volume] sooner or later.
Thank you so much.
Release Notes
I implemented the Volume Price Confirmation Indicator (VPCI), invented by Buff Dormeier.I applied the logic in the "Investing with Volume Analysis" book.
Like MACD , it can also be used as a divergence or convergence method. The default value of whether to use this function is off.
Gold cross and dead cross points can also be marked. The default in this case is on.
Implemented the Volume Price Confirmation Indicator (VPCI), invented by Buff Dormeier.
I applied the logic in the "Investing with Volume Analysis" book.
Like MACD , it can also be used as a divergence or convergence method. The default value of whether to use this function is off.
Gold cross and dead cross points can also be marked. The default in this case is on.
It will be continuously updated. I will add the sooner or later.
Thank you so much.
Release Notes
I fixed a few bugs.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.