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.