{"product_id":"stcov257trti2","title":"Stocks \u0026 Commodities V. 25:7 (74-83): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003e TRADESTATION: VOLUME PRICE CONFIRMATION\nINDICATOR (VPCI)\u003cbr\u003e\u003cbr\u003eBuff Dormeiers article in this issue, Between Price And\nVolume, describes calculation of the volume price confirmation\nindicator (VPCI) and suggests a strategy for trading\nwith it.\nThe strategy consists of a moving average convergencedivergence\n(MACD) signal, which is confirmed based on\nreadings of the VPCI. The article then compares the VPCIs\nvalue as a confirming indicator with on-balance volume\n(OBV) and average directional index (ADX). To perform this\ntest, a strategy was created in EasyLanguage with on-off\ninput switches, allowing the trader to select the desired\nconfirming indicator.\nCode for a VPCI indicator and strategy are given here. The\nindicator plots the raw and smoothed VPCI. The strategy uses\nMACD to generate trading signals, but it trades only if the\nselected confirming indicator agrees.\nTo download the code, go to the Support Center at\nTradeStation.com and search for the file VPCI.ELD.\nTradeStation does not endorse or recommend any particular\nstrategy.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52134020678001,"sku":"\\V25\\C07\\142TIPS.PDF","price":4.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_1dbb263a-b5b4-42a1-a4b1-0763cb4653ab.jpg?v=1739662670","url":"https:\/\/shop.traders.com\/products\/stcov257trti2","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}