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Volume Pressure Oscillator (VPO)

🔹 Core Logic
VPO Calculation:
The indicator measures price momentum weighted by volume, smoothed by EMA, and normalized within a dynamic range to highlight relative pressure extremes.
Signal Line:
A secondary EMA of VPO acts as a signal baseline for crossovers and trend confirmation.
Entry Triggers:
Zero-line Crossovers: Momentum shifts from bearish to bullish (or vice versa).
Signal Crossovers: Confirmation of sustained directional momentum.
Filters:
Volume Filter: Only trades when volume is above the moving average.
VWAP Slope Filter: Ensures trades align with intraday institutional flow.
Higher Timeframe VWAP: Confirms multi-timeframe directional bias.
RSI Filter: Avoids overextended entries.
Optional Divergence Confirmation: Adds precision in reversal environments.
VPO Calculation:
The indicator measures price momentum weighted by volume, smoothed by EMA, and normalized within a dynamic range to highlight relative pressure extremes.
Signal Line:
A secondary EMA of VPO acts as a signal baseline for crossovers and trend confirmation.
Entry Triggers:
Zero-line Crossovers: Momentum shifts from bearish to bullish (or vice versa).
Signal Crossovers: Confirmation of sustained directional momentum.
Filters:
Volume Filter: Only trades when volume is above the moving average.
VWAP Slope Filter: Ensures trades align with intraday institutional flow.
Higher Timeframe VWAP: Confirms multi-timeframe directional bias.
RSI Filter: Avoids overextended entries.
Optional Divergence Confirmation: Adds precision in reversal environments.
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开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。