Variable List Abbreviation: VolWgtMvAvg
Variable Mode(s): Stock and Futures1
[ Note: appears in indicator list only after volume selected ]
Parameter(s): VolWgtMvAvg time periods
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.
sum over n time periods of ( volume * close )
sum over n time periods of ( volume)