Definitions
In plain terms
No percentage price change means no return-weighted volume is added.
Technical
If C_t=C_(t-1), r_t=0 and Contribution_t=0.
Scope
Equal-close volume remains visible in raw volume even though it adds nothing to VPT.
Examples
- A reviewer computes VPT Equal-Close Contribution from a small OHLCV fixture and checks readiness, units, and edge cases before publication.
Common misconceptions
- Equal-close volume remains visible in raw volume even though it adds nothing to VPT.
Concept relationships
Related
Required by
Where this concept is used
Evidence and governance
- Price Volume Trend (PVT) TradingView · official platform documentation
Supports: preferred label, short definition, technical definition, formula
Limits: Does not prescribe an adjustment policy, forecast, or trade direction.
- On-Balance Volume (OBV) TradingView · official platform documentation
Supports: preferred label, short definition, technical definition, formula
Limits: Does not establish predictive power, trading profitability, or a universal divergence rule.
- Volume indicators function group TA-Lib · first party technical publication
Supports: preferred label, short definition, technical definition, formula
Limits: Library compatibility does not by itself prove a project's seed, warm-up, or missing-data policy.
- Closing Price Investor.gov · official standard
Supports: preferred label, short definition, technical definition, formula
Limits: A close is not automatically an adjusted close and may vary by market session convention.
- What Is Volume? CME Group · official exchange
Supports: preferred label, short definition, technical definition, formula
Limits: Futures contract conventions do not define every equity or digital-asset volume feed.
- Reviewed by
- fintech-builder-batch-010
- Last reviewed
- 2026-08-01
- Next review
- 2027-08-01
- Record status
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.