Anchored Moving Average?
An anchored moving average (AMA) is created when you select a point on the chart and start calculating the moving average from there. Thus the moving average’s denominator is not fixed but cumulative and dynamic.
In this indicator, I've provided three different types of Anchored Moving Averages, viz., WMA, SMA and VWAP.
WMA is relevant...
A chart isn't trendy without a VWAP (which stands for volume weighted average price).
This indicator allows you to choose 3 different anchored VWAPs, and customize the anchor period from one of many different options, including:
- All Time
- Specific Pivots
- Specific Sessions
You can then choose whether you want...