Volume Moving Average (VOLMA)

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Volume Moving Average (VOLMA)

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Description

The Volume Moving Average indicator is an indicator on indicator implementation. It calculates and returns the value of an exponential moving average of volume.

 

 

Syntax

VOLMA(int period)
VOLMA(ISeries<double> input, int period)

 

Returns default value
VOLMA(int period)[int barsAgo]
VOLMA(ISeries<double> input, int period)[int barsAgo]

 

 

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

 

 

Parameters

input

Indicator source data (?)

period

Number of bars used in the calculation

 

 

Example

ns


// Evaluates if the current volume is greater than the 20 period EMA of volume
if (Volume[0] > VOLMA(20)[0])
  Print("Volume has risen above its 20 period average");

 

 

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.