11. VMI Direction


11. VMI Direction

The VMI Volume Delta Indicator is one of Alpha's choice pointers. 


The VMI Indicator measures how many contracts were bought at the offer verses sold at the bid. Then it plots the range comparable to a candlestick chart.

  • The setup is when the VMI turns up; the momentum is considered up. When the VMI turns down, it means more selling contracts, and momentum is considered down.
    • Meaning, if the volume on average is above its current bar's open or previous bar's high, the momentum is considered up until this changes.

Past performance is not necessarily indicative of future results.




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.