Hello, could you add "Volume Weighted Moving Average" indicator?
The Volume Weighted Moving Average (VWMA) is a technical analysis indicator used by traders to determine the average price of an asset over a given period of time, taking into account both price and volume. The VWMA is a variation of the Simple Moving Average (SMA) that gives greater weight to periods of higher volume, making it a valuable tool for traders to determine the true average price of an asset over a given period of time.
The Volume Weighted Moving Average (VWMA) study calculates the average weighted price by volume over a period of N bars. The formula is as follows: SUM(vol*price)/SUM(vol). The user may change the input (close), period and shift.
https://www.motivewave.com/studies/volume_weighted_moving_average.htm
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In review
💡 Feature Request
Almost 2 years ago

ZIYANG FENGWANG
Get notified by email when there are changes.
In review
💡 Feature Request
Almost 2 years ago

ZIYANG FENGWANG
Get notified by email when there are changes.