Volume Adjusted Moving Average (VAMA)
Author: topcat77
Creation Date: 6/2/2009 3:34 PM
profile picture

topcat77

#1

6/2/2009 3:34 PM

Has anybody coded the moving average VAMA (developed by Dick Arms)- a search of the community site finds no entries. I have a daily-bar strategy using the indicator which I would like to migrate to WL but need the indicator. Thanks
profile picture

Eugene

#2

6/2/2009 3:43 PM

If you have its formula, you could share it here :)

VAMA (Volume Adjusted Moving Average) by Dick Arms
profile picture

Cone

#3

6/2/2009 7:23 PM

The first step is to take the moving average of the volume over the entire chart. Consequently, VAMA is a peeking indicator for any bar before the last bar of the chart, so it has no place in a public library for Wealth-Lab.
This website uses cookies to improve your experience. We'll assume you're ok with that, but you can opt-out if you wish (Read more).