VMI Value | Pts Difference

The Volume Momentum Indicator (VMI) value | Pts Difference is how we view Alpha VMI indicators. 

If the VMI is above its opener we consider this bullish or below it's opener, then bearish.

View of the VMI   - Red down - Cyan up

What is the VMI?

The VMI is the delta difference on the number of contracts bought at the offer versus sold at the bid.

It is plotted like a candlestick chart with an Open, High, Low, and Last and cycle count.

We can take the values and average them out to any value. We default this to a 3 average. By averaging out the value, it removes most of the wiggles in the market. 


Settings - 

VMI Avg = The average used of the return values.

VMI Set Bars = How many bars back it looks.

Warning = The yellow background color, if set to 5, it would have to be above 5 to turn green and below 5 to turn red.

Show Pts Diff = How many market points the market has moved since the last turn. For example, if the VMI was cyan, (Up), it will hold this time and price of this turn and display how far the market has gone since the last turn.

Sometimes, you will see a negative number in the turn, Meaning the VMI has turned, but the point value may be -1.75, this could indicator this is a good value to enter.

Pts Diff Background = You can choose to show the same color of back ground in the Pts difference as the VMI section or turn it off to not change the color.


Chart View Of Settings Above - 


What we look for? 

We look for the VMI to move up to confirm momentum up or vice versa for down. With Market Pulse, it is nice to see this on all time frames. 

Keep in mind with volume delta indicators, they START when you start the app. In other words, they do not look back in time. There is a way to do this, but we found the data is not correct all the time. Thus, make sure you have Market Pulse open before you trade if you plan on using this section, or wait a bit after it is open.


Market Pulse Display - 



Momentum: 

Reversals: 


Cycle Trader Pro is a complete trading software company that has created many custom indicators that show momentum and cycle reversals better than most others. We build custom auto order entry and exit applications, and auto trade system strategies.

The overall purpose of the Cycle Trader has been to continue to create trading indicators to show market momentum & reversals better than most other indicators. To create trading models to help traders understand what pattern the market may be in at the time to help them make the best choice in direction at the time.

We have designed trading apps to help traders save money entering and exiting positions. The goal was to make the trading apps automatically handle orders after entry. This way, you our traders could concentrate more on the direction of the markets than placing orders all the time. Then we added value for each trade from start to finish displaying personal trade data. The trade data with the CycleTraderPro apps is data one would not expect from others apps.

We run all the indicators, charts, Go Fish Pro and the Auto Entry on NinjaTrader

We offer just the indicators on MetaStock, TradeStation, MetaTrader and MultiCharts

Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.