cinar / indicator

Indicator is a Golang module providing various stock technical analysis indicators for trading.

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Vwma indicator

Deepanshusuman opened this issue · comments

There is no indicator like VWMA

The VWMA averages price data with an emphasis on volume, meaning areas with higher volume will have a greater weight.

Indicator:
VWMA = Sum(Price * Volume) / Sum(Volume) for a given Period.
Default period being 20.

Strategy:
VWMA above SMA confirming trending up.
VWMA below SMA confirming trending down.

Release v1.2.24