nt8indicator is a software editor dedicated to the trading world, and more specifically to NinjaTrader 8.x Our goal is to provide you with efficient, inexpensive and easy to use indicators.
The Volume Price Trend (VPT) indicator combines price movement with volume to give a cumulative measure of the trend. It is similar to the On-Balance Volume (OBV) indicator but adds a weighting of the price change relative to the volume. This helps identify the strength of a trend by considering both price and volume together.
The Relative Strength Index Exponential indicator is a variation of the traditional RSI (Relative Strength Index). The main difference is that it uses exponential smoothing instead of simple moving averages. This gives this indicator more sensitivity to recent price changes, which can be helpful in identifying potential reversals more quickly.