Abbreviation: Williams’ Variable Accumulation Distribution ExpAvg
Category: Volume: Smoothed
Input Parameters:
| Name | Range | Default |
| Opening Price | Open | |
| High Price | High | |
| Low Price | Low | |
| Closing Price | Close | |
| Volume | Volume | |
| ExpAvg Periods | Int >= 1 | 5 |
Calculation:
ExpAvg(X, ExpAvg 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
ExpAvg represents Exponential Moving Average
Discussion:
This indicator attempts to smooth the Williams’ Variable Accumulation Distribution indicator by calculating its moving average. Since it uses an exponential moving average (which gives more importance to the most recent periods than to less recent periods), the smoothing is influenced most by recent periods.