Elastic Volume Weighed MA

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  • #17651 quote
    keks
    Participant
    Average

    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!

    #17653 quote
    Nicolas
    Keymaster
    Master

    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

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

    #17668 quote
    keks
    Participant
    Average

    Superbly helpful, very much appreciated!!! Thank you

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Elastic Volume Weighed MA


ProScreener: Market Scanners & Detection

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keks @keks Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by keks
9 years, 3 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 12/01/2016
Status: Active
Attachments: No files
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