VAMA (Velocity and Acceleration Moving Average).
There are three adjustable parameters:
- Period – calculation period;
- Applied price – the calculation price;
- Double smoothing – enable or disable double smoothing (Yes/No).
Calculation:
VAMA = EMA + D1 + D2 / 2 + D3/6
where:
D1[i] = EMA[i] - EMA[i-Period/4] D2[i] = EMA[i] - 2 * EMA[i-Period/4] + EMA[i-Period/8] D3[i] = EMA[i] - 3 * EMA[i-Period/4] + 3*EMA[i-Period/8] - EMA[i-Period/12]
Fig 1. Double smoothing enabled
Fig. 2. Double smoothing disabled
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