VWMA means Volume Weighted Moving Average.
VWMA is a method to determine fair price taking into account volume and price.
Once VWMA is known, we can consider buying below VWMA and selling above VWMA.
Trading does not need to be complicated to make money.
- MovingAverage: moving average length to be used for calculation of the indicator value
Assets and timeframes
VWMA indicator can work with any class of assets: Forex, Commodities, Stocks, Bonds, etc.
VWMA indicator can be used with any timeframe.
You also might be interested in the VWAP indicators:
- VWAP Session: https://www.mql5.com/en/market/product/24963
VWAP Dynamic: https://www.mql5.com/en/market/product/24986
To see the complete list of products we sell in the MQL5 Market, please follow the link: https://www.mql5.com/en/users/renaud69/seller#products