Indicators: Volume weighted awesome oscillator

 

Volume weighted awesome oscillator:

Volume weighted awesome oscillator

Volume weighted awesome oscillator

Author: Mladen Rakic

 

Mladen is by far one of the most competent programmers I've seen so far. If he allows me, I would like to make a humble suggestion:

input ENUM_APPLIED_PRICE InpAppliedPrice = PRICE_MEDIAN; // Applied Price

You are just great!

 

A good thing about volume weighting is that:

m_array[i][¤].price =volume*price;
Represents total money flowing into the market, even if there's no price change
 

Also, I would like to suggest:

input int InpVWAOFastPeriod =  5; // Fast Period
input int InpVWAOSlowPeriod = 34; // Slow Period

And

val[i]  = iVwma(_price,_volume,InpVWAOFastPeriod ,i,rates_total,0)-iVwma(_price,_volume,InpVWAOSlowPeriod,i,rates_total,1);
 
Some updates... Please commit if it is alright.
Files:
VWAO.mq5  10 kb
 
Arthur Albano:
Some updates... Please commit if it is alright.

Your own code is better than mine. As always :)

 
Question, is there a version for MT4 ?
 
JoDax:
Question, is there a version for MT4 ?
Not that I am aware of
 
JoDax:
Question, is there a version for MT4 ?

I see that you opened a topic and asked for this. Naguisa Unada kindly coded it for you.

I have posted a link here in case others find it useful.

https://www.mql5.com/en/forum/314788#comment_11908368

Volume weighted awesome oscillator for MT4 ?
Volume weighted awesome oscillator for MT4 ?
  • 2019.05.31
  • www.mql5.com
Hi, I've been doing some research and there's a "Volume weighted Awesome Oscillator", which uses volume weighted moving average instead of SMA...
 

Is there a copy of this were I can change the variables of the awesome oscillator?


MIke

Reason: