Moving Average Weighted, Volume Adjusted

Moving Average Weighted, Volume Adjusted

VAWMA = VWMA and WMA combined.
Simply put, this attempts to determine the average price per share over time, weighted heavier for recent values.
Uses triangular algorithm to taper off values in the past (same as WMA does).

Why use this?
Let’s say the earliest bar of the VWMA has a huge amount of volume . That means that when the next bar arrives, there will be an abrupt change in the moving average that doesn’t represent the current value properly. VAWMA eliminates this problem by triangular weighting each bar.

(description from original author: Electrified, all credits to him).

 

 

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moving average volume
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10/17/2022

576 posts • 1891 Followers
  1. avatar
    Rafa • 10/17/2022 #

    Hi Nicolas!

    I can´t install this indicator. it installs in a separate window not as an average on the price.

    How can i make it work?

    Thanks

    • avatar
      Nicolas • 10/17/2022 #

      Add it on the price, see how: https://www.prorealcode.com/blog/video-tutorials/how-to-add-an-indicator-on-price-prorealtime/

  2. avatar
    Frankyslo1 • 10/17/2022 #

    No consigo instalarlo en el precio en PRL-version 10

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