Zero Lag Volume Price Confirmation Indicator
Implementation of Volume Price Confirmation Indicator with an added Zero Lag VPCI inspired by ZLEMA from Ehlers . It also supports a Fisher mode that can show interesting signals.
Based on docs.mta.org/docs/2007DowAward.pdf
Addendum (from the author):
"At the time, I believed a falling trend and falling VPCI was bearish , it is in fact a bullish indication."
"I also may have stated a falling trend and a rising VPCI was bullish , however it is a bearish indication."
More reading material:
cmtassociation.org/v...firmation-indicator/
www.scribd.com/docum...een-Price-Volume-pdf
Based on docs.mta.org/docs/2007DowAward.pdf
Addendum (from the author):
"At the time, I believed a falling trend and falling VPCI was bearish , it is in fact a bullish indication."
"I also may have stated a falling trend and a rising VPCI was bullish , however it is a bearish indication."
More reading material:
cmtassociation.org/v...firmation-indicator/
www.scribd.com/docum...een-Price-Volume-pdf