Name: EVWMA – indicator MetaTrader 5
Brand: RobotFX
SKU: 9675
Price: 4.89 USD
Availability: InStock
Rating: 5 (78 reviews)

A weighted moving average of volumes.

It has one input parameter:

Calculation:

total = Sum(volume, Period);
EVWMA = ((total-volume)*EVWMA[-1] + volume[period]*close) / total;

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EVWMA – indicator MetaTrader 5