Volume Moving Average (VOLMA)

Category: volume

Calculates a Simple Moving Average (SMA) of the tick volume over a user-defined period.

Formula

VolMA_i = (\sum_{n=0}^{P-1} Volume_{i+n}) / P

Inputs

• volmaP (default: 5)

See signal primitives and every published strategy that uses Volume Moving Average (VOLMA) on WOBR StrategyVerse.