Volume Price Trend

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.

Be the first to review this product

Manufacturer: nt8indicators

SKU: VPT

Vendor: nt8Indicators

$9.90

Qty:

How it works:

When the price closes higher, the VPT is added to the previous VPT value based on the current volume.
When the price closes lower, the VPT is subtracted from the previous VPT value based on the current volume.
It gives more weight to price changes on higher volume, which can signal a more significant trend.

Formula:

$V PT = V P T_{p re v} + (P re v i o u s Cl ose ( Cl ose - P re v i o u s Cl ose )) \times V o l u m e$

Where:

( VPT_{prev} ) is the previous value of the Volume Price Trend.
( Close ) is the current close price.
( Previous Close ) is the previous close price.
( Volume ) is the trading volume for the current bar.

Usage:

Rising VPT: Indicates a strong upward trend with increasing volume.
Falling VPT: Indicates a strong downward trend with increasing volume.

A signal Line may help determining the trend.

Product tags

volume (11)
,
signal (5)
,
trend (12)
,
two lines cross (5)

Customers who bought this item also bought

Trend Direction and Force Index

Developed by psychologist and trader Alexander Elder, it was first published in his 1993 book, “Trading for a Living”. This indicator is an oscillator that swings between 1 and -1 and can be qualified as a zero cross by combining both price movement and volume. It has the added advantage of displaying a neutral zone where no significant bull or bear “force” exists, and the market has no distinct direction. This area is between -0.05 and +0.05 as noted on the indicator levels.

$9.90

Asymmetrical RSI

ARSI, or the Asymmetrical Relative Strength Index, is a technical indicator that builds upon the traditional Relative Strength Index (RSI) by focusing on smoothing out market noise to identify trends more clearly. It was developed by Sylvain Vervoort to address some limitations of the standard RSI by using asymmetrical adjustments. This adaptation aims to provide clearer signals for entry and exit points in trading by making trend direction and strength more evident in volatile markets. The ARSI modifies the original RSI calculation by using a moving average and standard deviation to help filter out noise, improving the accuracy of identifying significant market moves. This can help traders respond earlier to market changes, with ARSI designed particularly for detecting both bullish and bearish momentum shifts more effectively

$9.90

Ultimate Strength Index

This indicator implements the Ultimate Strength Index (USI) indicator, introduced by John Ehlers in his article titled "Ultimate Strength Index (USI)" from the November 2024 edition of TASC's Traders' Tips. The USI is a modified version of Wilder's original Relative Strength Index (RSI) that incorporates Ehlers' UltimateSmoother lowpass filter to produce an output with significantly reduced lag.

$0.00

VWap Bars

VWAP Bars (Volume Weighted Average Bars) are candlestick charts where each candle is based on the VWAP instead of the traditional open-high-low-close (OHLC) price. VWAP is a trading indicator that calculates the average price a security has traded at throughout the day, weighted by volume. It provides a clearer picture of the market's average trading price, especially in intraday trading.

$9.90