Volume Weighted Moving Average

Abbreviation: VolWgtAvg
Category: Averages

Input Parameters:

Name Range Default
Time Series Close
Volume Volume
VolWgtAvg Periods Int >= 1 5


Sum over n days of ( Time Series * Volume )

Sum over n days of Volume 

n = VolWgtAvg Periods


Provides a smoothing of the closing price with an emphasis on relatively high volume periods. The average gives the most weight to the closes of periods with higher volume relative to the other periods in the moving average’s time frame.

Was this article helpful?

Related Articles