VWMA - SMAVWMA - SMA is very strong indication of trend direction and strength
See here for a description of this trading strategy: www.tradingsetupsreview.com
Đường Trung bình trượt gia quyền khối lượng (VWMA)
ATR+VWAP Alert//These signals mostly consist of crossovers between a 13 VWMA and a 62 VWMA. I've found these two moving averages to be quite special in their ability to
//recognize a quick trend using volume data. The VWAP is used in the alert system as well, to give some perspective on which direction we are looking to take. We
//are also using ATR. We only take trades when the ATR is on the move, meaning we have a chance to catch a volatile move! Finally, we use RSI to help weed out bad
//trades. We only take 'longs' with bullish readings from RSI, and we only take 'shorts' with bearish readings from RSI. These alerts are fantastic for catching quick intraday
//trades in either direction. I recommend using a small 'take profit' target rather than using an exit indicator. These trades can move 20-30 pips and reverse just as quickly. Good luck!
//How To Use:
//When the alert system is added to the chart, you will notice up/down symbols appear at various locations. For bullish alerts, right click an 'Up' symbol and choose 'Add Alert on VWap & ATR..'
//There are two condition options. 'Long/short', and right below that 'Buy-Signal/Sell-Signal'. Choose 'long' and 'Buy-Signal'. At options, choose 'Once Per Bar Close'. Design your alert, and you're good to go.
//For bearish signals, find a 'down' signal on the chart. Right click and follow the same process, except choosing 'short/Sell-Signal' conditions.
Tips:
Use VWAP as a stop-loss. If a candle closes below/above the VWAP in the direction against you.. get out of the trade. The losses will be minimal and few compared to the wins. Use discretion and trade carefully. This works great with crypto. Invent your own exit. If you come up with a clever exit, please share!
You can contact me at my Discord!
discord.gg
Volume Trends (VWMA & VWAP)Basic indicator for tracking volume trends. Includes blue SMA and pink VWMA (volume-weighted moving average), to help gauge the strength of price movement -- is it supported by volume, or is there divergence. Intraday charts also have VWAP (volume-weighted average price) as dark purple dots.
Here's a couple of good articles explaining how to use them effectively:
www.tradeciety.com
stockcharts.com
TSI/HullMA/VWMA strategychange the settings to make it profitable.. default settings not apply to any instrument in-particular.. dont be afraid to try different settings to find profitable combo of settings on your chosen crypto/FX/stock etc.. to avoid repaint wait for next candle before confirm signal..
Candlestick smoother + x-SignalingHey!
This is a script I remade from various scripts I had.
It's a smoother of candlestick by VWMA , that means that will give information about the trend strenght and actual situation, as you might notice.
I also added a crossing over signaling with RED/GREEN colours.
When the chart is coloured red, means that soon there will be a selling opportunity.
When the chart is coloured green, means that soon there will be a buying opportunity.
For any question, just do it! ;)
Enjoy the ride, and always φ !
VWMA + SMA BBollinger + RSI Strategy (ChartArt) mod by BiO618This is a script I remade from the original ChartArt's "CA_RSI_Bolling_Strat".
I added a VWMA following the SMA basis curve.
BBand was made with the SMA curve, +2DS.
The point of adding VWMA to the script is to get a fast correlation between price change and volume change.
How to interpret it:
Since 3-Intervals-VWMA = (P1*V1 + P2*V2 + P3*V3) / (V1+V2+V3)
As the volume grows, VWMA get smaller.
If the price goes to the upper band, and the VWMA follows it, Price grew more than Volume, and a correction would happen soon.
If the price goes to the lower band, and the VWMA follows it, Price dipped with a lot of Volume, and a continuation of trend would be expected.
If the price goes to the upper band, and the VWMA stays close to SMA, Price grew with a correspondient Volume, and the continuation of trend would be expected.
If the price goes to the lower band, and the VWMA stays close to SMA, Price dipped with low Volume, a correction would happen soon.
Remember that NO INDICATOR is flawless, support your interpretation with other indicators like RSI and MACD.
Hope you enjoy it!
φ!
Hamming Windowed Volume Weighted Moving AverageApplying a window to the filter weights provides sometimes extra control over the characteristics of the filter.In this script an hamming window is applied to the volume before being used as a weight.In general this process smooth the frequency response of a filter.
Lets compare the classic vwma with hamming windowed vwma
Something i noticed is that windowed filters depending on their period ( high ones in general ) tend to make less bad crosses with the price ( at least with the hamming window )
Here are some data regarding number of crosses with period 50 with the hamming vwma in orange and the classic vwma in purple
Feel free to use the hamming window when using weighted filter.
Volume-rsi-wmaThis indicatr give all the best on Volume study
RSI Volume (blue line)
vWMA (black line)
and V volume
MA volume (in bars)
have fun
Vvol-rsivol-wmaThis indicator give you the ability to look on volume from 3 different view
1.v volume which similar to VPT
2.vWMA
3.RSI volume
since each calculate volume different I had to normalize it and by that I made new nice indicator that give you the ability to see the best buy and sell place by volume
black is for vwma
rsi is in blue
and v is green red
a nice trick for best buy
wma=0 and v cross up 20 --volume start to rise up
best sell-wma=100 and c crossunder 80
and then just look on rsi
:)
FIB Band Signals with RSI FilterOriginal Author: Rashad
Added by Rashad 6-26-16
These Bollinger bands feature Fibonacci retracements to very clearly show areas of support and resistance . The basis is calculate off of the Volume Weighted Moving Average . The Bands are 3 standard deviations away from the mean. 99.73% of observations should be in this range.
Updated by Dysrupt 7-12-18
-Buy signals added on lower bands, mean and upper 3 bands
-Sell signals added to upper 3 bands
-RSI filter applied to signals
-Alerts not yet added
-Long Biased
NOTE: This is NOT a set and forget signal indicator. It is extremely versatile for all environments by adjusting the RSI filter and checking the band signals needed for the current trend and trading style.
Fib,Guppy Multiple MA(FGMMA)(A/D & Volume Weight,SMA,EMA)[cI8DH]Features:
- 3 + 12 MAs (12 is chosen because Guppy has 12 MAs)
- MA types can be set to Simple, Exponential, Weighted, and Smoothed
- Volume weight can be applied to all available MAs (the built-in VWMA uses Simple MA)
- It is possible to count in only effective portions of the volume in the equation by using Accum/Dist Volume Weight
- Secondary smoothing (useful when volume weight is enabled)
- Predefined MA sets based on Fibonacci sequence (2,3,5,8,.., 377), Guppy (3,5,8,10,12,15 &30,35,40,45,50,60), and cI8DH (2,3,5,8,12,17 & 30,34,39,45,52,60)
Recommended settings:
- hlc3 as input source captures all the essential information encapsulated in a candle. I'd use hlc3 as the default option. In uptrend, "low" and in downtrend, "high" might give more relevant results when using MAs for structural analysis of a market. For commonly used MAs (EMA20, SMA50,100,200), "close" should be used due to their self-fulfilling prophecy effect.
- When you have volume weight above 0, you may want to use secondary smoothing.
- Try not to use Simple MA for smaller lengths (below 20). Sharp changes in the past (right before the period specified by the length) will affect the current value of MA dramatically leading to confusion.
- I am using the first 3 MAs for SMA 50,100,200. You can disable them from the MA type selector all at once when using Fib or Guppy ribbons.
MA-based analysis:
There are different ways of structuring a market. Geometrical (trend lines, channels, fans, patterns, etc) and Fib retracement-based structuring is very common among traders. MAs give an alternative way of analyzing markets. MA ribbons such as Guppy (6 slow and 6 fast-moving MAs) are popular for analyzing market flow. IMO default Guppy sets are a bit random as the numbers do not have an elegant sequence. So I proposed my sets based on increasing sequene spacing (+1). These two MA ribbons are good for market flow analysis but the spacing of the MAs are not ideal for structuring a market. Ribbons based on the Fib sequence is a better choice for structuring a market. This is the equivalent of Fib channels but in a more dynamic form. Among other things, MA Fib ribbon can be used to assess market momentum and to compare different stages of a market. Here are two "educational-only" examples:
Notes:
- Smoothed MA with length L = Exponential MA with length 2*L-1
- Read the background section in my ADP indicator to understand how A/D Volume is calculated
Ultimate 'Multi-Timeframe' Multi-AveragesPlots different kinds of averages (EMA, SMA, SMMA, WMA, VWMA) referred to a fixed timeframe/period indipendent from the one that you are watching (example: plot daily EMA on the 4h chart).
Highlights the crossing of averages.
Adjustable Starting VWAPIn this script it's possible adjust the start where the VWAP (technically is a VWMA) starts to calculate.
Use this to try to show where is the suport and resistance.
I coded 6 lines.
Use low sources for suport.
Use high sources for resistance.
Elastic Volume Weighted Moving AverageElastic Volume Weighted Moving Average indicator script. This indicator was originally developed by Christian P. Fries (Technical Analysis of Stocks & Commodities, June 2001).
Kozlod - Yet Another Moving Average Cross Strategy (9 MA types)You can choose one of these MA types in params:
Simple Moving Average (SMA)
Exponential Moving Average (EMA)
Weighted Moving Average (WMA)
Arnaud Legoux Moving Average (ALMA)
Hull Moving Average (HMA)
Volume-weighted Moving Average (VWMA)
Least Square Moving Average (LSMA)
Smoothed Moving Average (SMMA)
Double Exponential Moving Average (DEMA)
Also you can select SL/PT % levels.
Volume Weighted MACD (VWMA, 4 Color, Color-blind Friendly)MACD built out of two Volume Weighted Moving Average (VWMA) lines of different periods. The signal line is still an EMA of the MACD line, just like with the normal MACD .
Colors are picked to be friendly with partial colorblindness, and can be modified in the indicator settings.
VWMA OscilatorThe Oscillator ranges around 0. Uses the difference between VWMA and an SMA smoothed by an EMA . The most useful are price divergences.
Combining Exponential And Volume Weighting Backtest The related article is copyrighted material from Stocks & Commodities 2009 Oct
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
Combining Exponential And Volume WeightingThe related article is copyrighted material from Stocks & Commodities 2009 Oct
MultiCross v4.20Quad-HullMA-cross & VWMA & MacD & TSI combination
Version 4.20
added script for strategy settings to be already correct when strategy loads onto chart:
calc_on_order_fills= true, calc_on_every_tick=true, default_qty_type=strategy.percent_of_equity, default_qty_value=100, pyramiding=0
MultiCrossQuad-HullMA-cross & VWMA & MacD & TSI combination
Made for 4H - other timeframes unkown result.
Yacine MA Bands ModMashed together the ema-bands from IvanLabrie with some moving average script stuff from ChrisMoody and LazyBear and this is the result. Credit goes to them, 'cause I don't know to how to code tbh. Just copy/pasted stuff untill I got the result I wanted.
Bands work as support/resistance among other things. You can use them to trade breakouts or reversals or whatever.
Combining them with a momentum indicator would probably be useful for timing divergence or OB/OS and stuff like that.
Included moving average types;
SMA
EMA
RMA
WMA
VWMA
HullMA
TilsonMA
TEMA
Not sure if all of them works as they should... y'know since I cant code/script. Looks good to me though.¨
Default should work pretty good for the DAX, But you'll probably want to fiddle a bit with the settings.
Here's a pic of how they can be used. Ofc everything looks simple in hindsight, but you get the point.