Trends/Volume and money flow

Volume price trend

A running total that adds volume times the percent price change each day.

Volume and money flowBest on 6M, 1YAlso called VPT

Illustration of the volume price trend shape. It is a sketch, not real price data.

What it shows

VPT is like OBV but uses the size of the price change. Each day, add volume × (close − previous close) ÷ previous close. A 3% rise on 1 million shares adds more than a 0.1% rise on the same volume.

The line rises over time if big-volume days tend to be up days.

How we find it

The same code that draws it on your chart follows these steps, with the same result every time.

Percent change = (close − previous close) ÷ previous close.
Add volume × percent change to the total.
Start at 0.
Plot under the price.

Starting values: Start 0. These are proposed and will be tuned on real price data before launch.

How to read it

The panel shows the running total.
Rising: weighted volume on up days outweighs down days.
Compare with price.

Status labels you may see

Label	What it means
Rising	VPT above its value 20 bars ago.
Falling	Below its value 20 bars ago.
Flat	Little change.

What cancels it

Nothing cancels it.

What traders check next

Agreement with price.
Slope.
Large single days.

Limits

Start date changes absolute values.
Dominated by big days.
Less standard.

Try it in forecastviz

Open any ticker and choose Volume and money flow → Volume price trend in the left menu.
Switch between 6M, 1Y to see how the picture changes.
Compare with On-balance volume and Force index on the same chart.

Open on a ticker

Questions

How is it different from OBV?

It uses the size of the price change, not just its direction.

Which is better?

Neither. They answer slightly different questions.