Williams’ Variable Accumulation Distribution: Volume Weighted MovAvg

Abbreviation: Williams’ Variable Accumulation Distribution VolWgtAvg
Category: Volume: Smoothed

Input Parameters:

Name Range Default
Opening Price Open
High Price High
Low Price Low
Closing Price Close
Volume Volume
VolWgtAvg Periods Int >= 1 5

 
Calculation:

VolWgtAvg(X, Volume, VolWgtAvg Periods)

where
X = Williams’ Variable Accumulation Distribution: Raw(Opening Price, High Price, Low Price, Closing Price, Volume)

Williams’ Variable Accumulation Distribution: Raw represents Williams’ Variable Accumulation Distribution: Raw
VolWgtAvg represents Volume Weighted Moving Average

 
Discussion:

This indicator attempts to smooth the Williams’ Variable Accumulation Distribution indicator by calculating its moving average. Since it uses a volume weighted moving average (which gives more importance to those periods with higher volume relative to the other periods in the moving average’s time frame), the smoothing is influenced more by periods of relatively higher volume than by periods of relatively lower volume.
 

Was this article helpful?

Related Articles