Zero Point Force: A Volume-Weighted Moving-Average Indicator
Summary
Zero Point Force (ZPF) is a technical indicator built from moving averages of price and volume. Its formula multiplies the moving average of volume by the difference between a shorter-period and a longer-period moving average of price, then divides the result by two. The indicator is intended to express force relative to a zero point.
The document identifies the indicator’s author and notes that an earlier version was implemented in MQL4 and published in 2010. It does not give trading rules, parameter guidance, charts with interpretable results, or evidence that ZPF predicts returns. It also refers to an external smoothing library needed by the MQL5 implementation, so the description alone is not a complete implementation guide. The formula explains how the indicator is constructed, but traders would need to define and test their own signal interpretation before using it in a strategy.
Key ideas
- ZPF combines a moving average of volume with the difference between two moving averages of price.
- The price component compares a selected period with a period twice as long.
- The formula scales the resulting product by one half.
- The document describes the indicator’s construction but supplies no tested entry or exit rules.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.