Volume Accumulation (VA)

Category: volume, momentum

A volume-weighted momentum indicator that measures the cumulative total of volume multiplied by the distance between the close and the price midpoint.

Formula

VA = \sum \text{Volume} \times \left( \text{Close} - \frac{\text{High} + \text{Low}}{2} \right)

See signal primitives and every published strategy that uses Volume Accumulation (VA) on WOBR StrategyVerse.