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"Volume" waves oscillator

Category: Indicators By: TACBOLSA Created: October 30, 2017, 9:48 AM

October 30, 2017, 9:48 AM

Indicators

4 Comments

volumevolumeswave

This oscillator doesn’t really deals with Volumes but try to display price waves by calculating distance from price in relation with a Weighted moving average of 150 periods.

//RB@72
//Oscilador de Volumen
cero=0

Onda = Weightedaverage [150] (close)
Wave= ((close/Onda)-1)*100

return Wave*10 as "Vol-Ex",cero coloured (0, 0, 0) as "cero"

Download

Filename: RB-Volumne-v1.itf

Downloads: 430

TACBOLSA Master

Analista independiente y programador de indicadores.

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Comments

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Andraxx

8 years ago

Interpretación de el indicador??? Gracias

TAC Bolsa

8 years ago

Oscilador que hace una medición ponderara basado en la distancia entre precio y una media Móvil ponderada para obtener la tendencia o fortaleza de un valor. Por encima de 0 es fortaleza Por debajo de 0 es debilidad.

Stenozar

9 years ago

Hi, which timeframe do you use? have you tried with Dax? thanks

rb-72

9 years ago

5 Minutes, 15 Minutes, The most effective 1 Hour below 0 or above 0 as a turn signal in the price.

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