A Simple Moving Average (SMA) is an average of the past N closing prices. It give the same weight to every closing price.
A Volume-Weighted Moving Average (VWMA) is the same, except that it
gives different weight to each closing price. The closing price of a day
with high volume will have a greater weight.
e.g., if the volume of day 3 (V3) is higher, its closing price (C3) will have a larger effect.
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Showing posts with label vwma. Show all posts
Showing posts with label vwma. Show all posts
Thursday, March 17, 2016
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