OPEN-SOURCE SCRIPT
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.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。