Traders’ Tips by Technical Analysis, Inc.
• TRADESTATION: VFI PERFORMANCE
Markos Katsanos’ article in this issue, “Volume Flow Indicator
Performance,” provides four strategies for trading the
volume flow indicator (VFI). All four strategies are provided
here in TradeStation EasyLanguage. In addition, Katsanos
introduced a new indicator, the VFI-price divergence, which
is also coded here.
Most of the calculations are performed in the function
“VFISmoothed,” which was given in the TradeStation tip in
the May 2004 Traders’ Tips column.
When using these strategies, please remember to format
your strategy property for the maximum number of bars the
study may reference. These strategies need to review a fairly
large number of bars, so I used 250 bars.