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Elastic Volume Weighted Moving Average
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=58939
Forum: 17 · Topic 58939 · 3 post(s)
Elastic Volume Weighted Moving Average
Apprentice · Mon Aug 12, 2013 5:29 am
Total =Sum(volume, Period);
EVWMA = ((Total-volume)EVWMA[-1]+ volume[period]close)/Total;
One Note. For forex, it is impossible to know, total number or “shares” In this calculation, I use the sum of last N period Volume.
Re: Elastic Volume Weighted Moving Average
Alexander.Gettinger · Thu Aug 29, 2013 10:53 am
MQL4 version of indicator: http://www.fxcodebase.com/code/viewtopi … 38&t=59348.
Re: Elastic Volume Weighted Moving Average
Apprentice · Thu Dec 15, 2022 4:24 pm
Based on the source. https://www.prorealcode.com/prorealtime … ilo-bands/