Elastic Volume Weighed MA

• 12/01/2016 at 11:25 AM #17651
  keks

  I would like to incorporate this technical study (which can be added on ProRealTime charts) into my ProScreener. I am relatively new to coding and struggling to find this indicator in the library so would really appreciate if anyone could share what the programming code would be for this indicator.

  Many thanks in advance!

  

  keks

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  12/01/2016 at 11:34 AM #17653
  Nicolas

  Here is the prorealtime code of the Elastic Weighted Moving Average:

  //parameters : // period = 20 IF BarIndex < period THEN eVWMA = Close ELSE N = Summation[period](Volume) eVWMA = ((N - Volume)*eVWMA + Volume*Close)/N ENDIF

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  //parameters : // period = 20   IF BarIndex < period THEN eVWMA = Close ELSE N = Summation[period](Volume) eVWMA = ((N - Volume)*eVWMA + Volume*Close)/N ENDIF

  I believe you’ll find easily how to incorporate it into your own screener code. If not, please let me know.

  

  Nicolas

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  12/01/2016 at 4:11 PM #17668
  keks

  Superbly helpful, very much appreciated!!! Thank you

  

  keks

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