Moving Avg - Volume Weighted

Moving Avg - Volume Weighted

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Moving Avg - Volume Weighted

Variable List Abbreviation: VolWgtMvAvg

 

Variable Mode(s): Stock and Futures1

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

 

Parameter(s): VolWgtMvAvg 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 volume contributes more than the price of time periods with low volume.

 

Calculation:

                            sum over n time periods of ( volume * close )

                                sum over n time periods of ( volume)