Timeframe M1 · unit norm
VPT accumulates volume multiplied by the percentage price change each bar, building a running total that tracks whether large price moves are accompanied by large volume. The 10-bar slope measures the current rate of change of this accumulated trend.
A rising VPT slope indicates that recent up-moves are larger in percentage terms and better attended by volume than recent down-moves. A falling slope indicates the reverse. Normalization by total volume makes the value comparable across sessions.
VPT scores each candle by multiplying how far price moved (in %) by how many shares were traded. A big percentage up-move with huge volume adds a lot to the score; a tiny move on thin volume adds little. The slope shows if that score is trending up or down.
Janira computes Volume Price Trend Slope (10-bar, normalized) deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.