Moving Avg - Put Volume Weighted

Top 

Moving Avg - Put Volume Weighted

Variable List Abbreviation: PutVolWgtMvAvg

 

Variable Mode(s): Futures2

[ Note: appears in indicator list only after put volume selected ]

 

Parameter(s): PutVolWgtMvAvg time periods

 

Description:

A weighted moving average of price over the last n (time periods) time periods in which the price of time periods with high put volume contributes more than the price of time periods with low put volume.

 

Calculation:

sum over n time periods of ( put volume * close )

   sum over n time periods of ( put volume )