Points Per Share Traded

1. This is a simple measurement of what is basically Price-Change/Volume
2. The actual "price per share metric" (PPST) is shown
3. There are a few different kinds of moving averages to test
4. There is an option to show or hide the current bar data
5. There is a multiplier - if on your market it displays a number of 0.00 or a very high number you can multiply by powers of 10 if you'd like to make a detailed measurement (this doesn't change the relationship of the measurement vs 0)

This indicator makes a very simple metric to understand - how many dollars is the price moving per share traded?

... at highs the price usually moves the fastest vs amount of shares traded
... at lows it's the usually the opposite

There are many ways to use this indicator - but I am leaving it up to the user to test their own market and find a use for it

example: Sometimes price makes an new high or low yet this indicator has not yet done so, can be a sign that continuance of the trend is possible - even if at price resistance

A great compliment to AVWAPS or VWAPs or Volume/Price indicators

The chart you are analyzing MUST have volume accessible or the indicator will not work

Hopefully we can build up a good library the best settings for certain markets

Cheers!
Joe