ProfitProgrammers

VWMA Crosses

This is a simple tool that gives traders a simple visual representation of Volume-Weighted Moving Average ( VWMA ) crossovers that is pretty similar to the MACD . We don't typically trade solely based on the VWMA , but it is definitely one of our go-to tools when combining multiple indicators.

When trading with VWMA's, it is common to enter a position when the fast VWMA crosses over the slow VWMA . In other words, the fast VWMA was previously less than the slow VWMA and is now greater in value than the slow VWMA . Conversely, traders often exit their positions when the fast VWMA crosses under the slow VWMA .

This tool plots the absolute value of the difference between the fast and slow VWMA's as a histogram. When the difference between the fast and slow VWMA's is greater than zero (meaning fast > slow), then the bars are green. The bars then turn red when the fast VWMA is less than the slow VWMA . The blue circle-line is a Simple Moving Average of the difference between the two lines.

Here's a quick guide to interpreting the chart:

if (fast VWMA > slow VWMA ) and (difference < sma of differences)
then color = lime green

if (fast VWMA > slow VWMA ) and (difference > sma of differences)
then color = dark green

if (fast VWMA < slow VWMA ) and (difference < sma of differences)
then color = light red

if (fast VWMA < slow VWMA ) and (difference > sma of differences)
then color = dark red


~Happy Trading~
즐겨찾기 스크립트에서 빼기 즐겨찾기 스크립트에 넣기
-Profit Programmers
Very good script. Cheers mate
+1 응답
홈으로 스탁 스크리너 포렉스 스크리너 크립토 스크리너 이코노믹 캘린더 사용안내 차트 특징 프라이싱 하우스룰(내부규정) 모더레이터 웹사이트 & 브로커 솔루션 위젯 차팅 솔루션 도움 받기 기능 개발/개선 요청 블로그 & 뉴스 잦은물음 위키 트위터
프로화일 프로화일설정 계정 및 빌링 도움 받기 공개아이디어 팔로어 팔로잉 비밀메시지 채팅 로그아웃