OPEN-SOURCE SCRIPT

VWMA with Buy/Sell Signals

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he VWMA (Volume Weighted Moving Average) is a technical indicator that averages prices over a specified period while giving more weight to periods with higher trading volumes. This makes the VWMA more sensitive to price movements during high-volume trading compared to a simple moving average (SMA).

Adding Buy/Sell Signals to a VWMA-based script involves identifying trends or crossover points that indicate potential entry (Buy) or exit (Sell) opportunities.

Core Features of the Script:
VWMA Calculation:

Uses the typical price ((High + Low + Close) / 3) or closing price for computation.
Weighting is based on the volume traded in each period.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.