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Volume Weighted Moving Average 		Last Activity 12/30/2024 1:50 PM
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Rean

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Posts: 105

Joined: 8/30/2013
Location: Johannesburg, South Africa

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Subject : Volume Weighted Moving Average
Posted : 9/11/2023 9:34 AM
Post #48858
May I ask for help to code the VWMA(34) indicator via the Quick Indicator?

I run RT, I don't have OT Pro.

This site has more information about the indicator and how it's calculated.:

https://www.tradingsetupsreview.com/volume-weighted-moving-average-vwma/


This is what I have tried myself:

#Indicator

Dim fValue As Single

fValue = (average-close(34) * average-volume(34)) / average-volume(34)
PlotPrice("Value", fValue)

Return fValue
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