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Volume Weighted MA ( VWMA ) for Amibroker (AFL)
VictorH
about 7 years ago
Amibroker (AFL)

Rating:
3 / 5 (Votes 3)
Tags:
amibroker, moving average

Volume Weighted MA ( VWMA )
OR
Volume Adjusted MA ( VAMA )

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Indicator / Formula

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SetChartBkGradientFill( 54, 54 );
 
function VWMA( price, pds )
{
    aa = Sum( ( Volume * price ), pds );
    bb = Sum( Volume, pds );
    Cc = aa / Nz( bb );
    return Cc;
}
 
pr = ( 2 * Close + High + Low ) / 4;
 
Plot( Close, "Close", 1, 64 );
Plot( VWMA( pr, 8 ), "Close", 29, 5 );

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