PTF_VWMA Percentage Change

This Indicator plots the Percentage change of the Volume Weighted Moving Average.

It takes the VWMA length and calculates the Volume Weighted Moving Average over that period, it then "Looks Back" and calculates the percentage change from that point to the current point.

This is helpful in seeing if the price has swung outside of a normal range that you can determine by adjusting an upper and lower horizontal line. These lines are just guides.

In the case of a pump and dump, the VWMA Percentage change line would swing wildly upwards and then crash back downwards, after the coin stablises again then the VWMA % Change would fit back into your "Safe Trading Zone"

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Created 2018 - by squiggles#8806

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