VolumeAdjustedAverage
ProRealTime v11Returns value of the Volume Adjusted Moving Average applied to the selected data serie.
Syntax:
|
1 |
VolumeAdjustedAverage[period](price) |
Where:
- period= calculation period used for the Volume Adjusted Moving Average (default period is 20)
- price= applied price or data serie into the formula of the VAMA
MA WEIGHTED BY VOLUME Calculation: Moving averages display the average price of a security at a given time. This MA is weighted by volume.
Interpretation:
Moving averages are one of the most popular technical analysis tools. When the short moving average rises above the long moving average there is an upward trend and when the short moving average falls below the long moving average there is a downward trend. You can also compare one moving average to price to determine trend. The MA weighted by volume can be read as an approximation of the average price paid per security.
