FTB-C000568 / Implementation concept

VPT Initial Seed

VPT initial seed is the starting cumulative level before the first return-weighted update.

Intermediate 1 linked topicEvidence-reviewed

Definitions

In plain terms

A zero seed makes the first valid return update easy to audit.

Technical

The Batch 010 contract sets VPT_0=0; the first return-weighted update is index 1.

Scope

Changing the seed translates the level without changing contributions.

Examples

  • A reviewer computes VPT Initial Seed from a small OHLCV fixture and checks readiness, units, and edge cases before publication.

Common misconceptions

  • Changing the seed translates the level without changing contributions.

Concept relationships

Prerequisites

Related

Required by

Where this concept is used

Evidence and governance

  1. Price Volume Trend (PVT) TradingView · official platform documentation

    Supports: preferred label, short definition, technical definition, variant distinction

    Limits: Does not prescribe an adjustment policy, forecast, or trade direction.

  2. On-Balance Volume (OBV) TradingView · official platform documentation

    Supports: preferred label, short definition, technical definition, variant distinction

    Limits: Does not establish predictive power, trading profitability, or a universal divergence rule.

  3. Volume indicators function group TA-Lib · first party technical publication

    Supports: preferred label, short definition, technical definition, variant distinction

    Limits: Library compatibility does not by itself prove a project's seed, warm-up, or missing-data policy.

  4. Closing Price Investor.gov · official standard

    Supports: preferred label, short definition, technical definition, variant distinction

    Limits: A close is not automatically an adjusted close and may vary by market session convention.

  5. What Is Volume? CME Group · official exchange

    Supports: preferred label, short definition, technical definition, variant distinction

    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.