VMA - Volume Moving Average
A Short Term trading indicator that measure the overall direction of volume compared to price. Kills in Heikin Ashi, but wanted to show it kills in candlesticks too :)
Versionsinformation:
**UPDATED**
Basic principle:
Adapted version of VWAP involving mean and median of past intervals.
if price > VMA line, trend = bullish
if price < VMA line, trend = bearish
Intended for scalping or short term trading, results shown are from 0 leveraging over 1 week.
"Shoot for the moon and land among the stars."
Basic principle:
Adapted version of VWAP involving mean and median of past intervals.
if price > VMA line, trend = bullish
if price < VMA line, trend = bearish
Intended for scalping or short term trading, results shown are from 0 leveraging over 1 week.
"Shoot for the moon and land among the stars."