Volume weighted MA (VWMA)
Moving averagesOverlays priceNeeds volumeAn average that gives heavy-volume days more say.
What it looks like
Drawn by running the real calculation over one sample series. Open a symbol and it is recalculated on that symbol's bars.
How to read it
Days when a lot changed hands pull the line harder. Put it beside a plain average: where the two separate is where the heavily traded price and the simple average price disagree.
Where it misleads
Without volume data it cannot be computed, so it folds out of the list.
Default settings
You can change these on the chart. These are the values it starts with.
In SQMATE
One tap to add
Open a symbol, tap the name in the indicator list and it is drawn straight away. You can stack several copies of the same indicator with different settings.
Recalculated per timeframe
Switch between minute, hourly, daily, weekly or monthly bars and it is recalculated on that timeframe. The maths runs over every bar loaded, so zooming never moves the line.
Use it as a search condition
Some indicators can also be used as an axis when searching for symbols — for example, keeping only symbols above a given reading, scanned every night.
Related indicators
- Zero-lag EMA (ZLEMA)An average that pushes the input forward first to cancel out the delay.
- Tillson T3An average that trades smoothness for speed through a single dial.
- Variable Index Dynamic Average (VIDYA)An average that speeds up as the direction of price becomes clearer.
- MedianThe middle value of the recent window, joined into a line — not an average.
- VWAP (anchored)The average price actually traded since the anchor point.
- MA RibbonFour moving averages of different lengths drawn together.
Every indicator is an observation computed from past bars. It does not tell you future prices and it is not investment advice.