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MS Support  
#1 Posted : Wednesday, June 15, 2022 5:12:41 PM(UTC)
MS Support

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Markos Katsanos’ article, “Detecting High-Volume Breakouts”, introduced his Volume Positive Negative (VPN) indicator. Here is the formula to add that indicator to MetaStock. 

Volume Positive Negative:

Code:
pds:= Input( "Periods", 5, 100, 30);
apr:= Typical();
at:= ATR(pds) * 0.1;
vpd:= If( apr >= Ref(apr, -1) + at, V, 0);
vnd:= If( apr <= Ref(apr, -1) - at, V, 0);
VP:= Sum(vpd, pds);
VN:= Sum(vnd, pds);
VPN:= (((VP - VN)/Mov(V, pds, S))/pds) * 100;
VPN;
Mov(VPN, 3, E)

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