Sunday, June 13, 2010

Volume Weighted Moving Average

The VWMA (Volume-Weighted Moving Average) returns the volume-weighted moving average for the specified price series and period. VWMA is similar to a Simple Moving Average (SMA), but each bar of data is weighted by the bar's Volume. VWMA places more significance on the days with the largest volume and the least for the days with lowest volume for the period specified.

MyVWMA.zip

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