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Indicators

Volume_Price_Momentum_Oscillator - indicator for MetaTrader 5

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Views:
848
Rating:
votes: 12
Published:
2018.10.25 18:39

Volume Price Momentum oscillator is a volume and price momentum.

It has one configurable parameter:

  • Period - calculation period

Calculation:

VPMO = EMA(VPM, Period)

where:

VPM = Volume * (Close - PrevClose)

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/22126

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