Variable Moving Average, often abbreviated as VMA, is an Exponential Moving Average developed by Tushar S. Chande. VMA automatically adjusts its smoothing constant on the basis of Market Volatility.
Use this like other Moving Averages. I have added the following options that can be enabled via options page: - Trend Direction Indication: Green = Up trend, Blue = Potential congestion, Red = down trend. - Color bars based on Trend
how to trade this?
candle close above/below? or on a color change?
if we follow candle close above/below there is multiple trades.
please guide me.
thanks.
kbr85
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Could you please tell, what did you use as a measure of volatility (vI)??
BradleyJo
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Hi, why does the line just show as black for me?
tak215
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@BradleyJo, Check "Show Trend Direction" and it should color
harish.khimavat
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how to use this indicator in amibroker, i am getting error
harish.khimavat
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I am new to amibroker and afl, kindly let me know how to use the above afl
harish.khimavat
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I am getting error 30, syntax error
RakeshPoluri
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@Harish.khimavat, Above code is pine script and will work only in tradingview. You can however convert it into amibroker afl, by changing a few lines of code.
ChrisMoody
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Can I have your AutoGraph?
Just write it on a chart and post below. But make sure you address it to me so others don't claim it as their own!!!
candle close above/below? or on a color change?
if we follow candle close above/below there is multiple trades.
please guide me.
thanks.