Elastic VWMA

What does Elastic VWMA measure?

A trend line whose speed is set by volume: a heavy-volume candle drags it a long way, a quiet one barely moves it.

How is Elastic VWMA calculated?

Keep a running line. On each candle, work out that candle's share of the total volume over the last 20 candles, and pull the line that fraction of the way toward the new close.

Written by reading the engine’s real computation, not a textbook — where the two differ, the page describes what actually runs.

How do I use Elastic VWMA in a bot?

In the builder, add an indicator of type evwma (parameters: length, default 20). Its value becomes an operand you can compare in any entry or exit rule. The engine grades the whole rule honestly: real fills, no look-ahead, half the history held back.

Related indicators

• Fibonacci pivotsSupport and resistance levels spaced by Fibonacci fractions of yesterday's range — a popular alternative to the classic pivots.
• Fibonacci WMAA moving average whose weights follow the Fibonacci numbers — a gentler tilt toward recent prices than a straight linear weighting.
• Gator oscillatorA picture of how far apart the three Alligator lines are.
• Geometric MAAn average price that treats percentage moves fairly, so one huge spike distorts it less than it would a normal average.

Or browse all 158 indicators in the full library.