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VAMA

Volume Strategy Idea I want show how to combine three of my scripts to derive trading signals. I am going to build this into a coherent Indicator, so any feedback while I am developing is appreciated. You want to see VAMA defining the trend direction. Then you look to enter on the bars where the Volume Flow Indicator is issueing an New Signal (Dark Green or Dark Red), and Volume Bars showing a significant or massive volume event. These two signals must happen at the same bar and in the direction of the trend defined by the VAMA to confirm a signal. Im working on this script as I write this and you will find it in my script library soon. I will call the Indicator "Volume Runner". Enjoy.
Education
by jpkxyz
BTC broke out of the VAMA "bouncing zone" it was in since July!After bouncing around between the fast and slow VAMA since July this year, BTC has broken out downwards, out the "bouncing zone", which most will likely indicate more downwards action to come. In fact, BTC has been trending up since it broke out of the bounce zone om March 15 until July 14, when it entered the last sideways range it has now broken out of. I expect a revisit to the 9.300 - 9.100 region, As a possible next target, the fast VAMA on the Weekly timeframe is currently located at around 8.300. Just my two cents ;-) JD. #nottradingadvice #DYOR #marketsdowhatevertheFtheywant
BITFINEX:BTCUSDShort
by Duyck
1
BTC seems to like the VAMA!! :-)A good day to all, I thought I would give a little heads up on how the VAMA has been performing since it was published last june (and in the past few weeks and months). The VAMA (Volatility Adjusted Moving Average) is an indicator I created that gives an adjusted moving average, based on the volatility of the past x amount of bars, measured against the ema of a certain length. The idea came out of my VA adjusted Bands indicator where the VAMA is actually the center line. The VAMA (and the code for it) can be found here: So far, BTC and most other assets; seem to follow it quite nicely as a baseline to determine the main trend direction! Most assets seem to bounce against the VAMA +/- the atr, or once broken, tend to stay on the other side of it. * Feel free to try it out to see if it can complement your trading system (as a baseline, as a trend indicator,...) with or without the additional longer TimeFrame VAMA If you find any other interesting uses, please let me know! ;-) * I wrote the VAMA calculation as a separate function so you can easlily import it into your own code!! A little shoutout in the code would be nice of course! ;-) Greetings and happy trading, JD. #NotTradingAdvice #DYOR Disclaimer. I AM NOT A FINANCIAL ADVISOR. THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY. ALWAYS DO YOUR OWN RESEARCH! I build these indicators for myself and provide them open source, to use for free to use and improve upon, as I believe the best way to learn is toghether. If, however, you value these contributions, feel free to leave a little something in the tip-jar for my next coffee break ;-) BTC: 1G9xXYWSoxJR2ikkB7Px6RwBLC5pjHmwZD paypal.me
BITFINEX:BTCUSD
by Duyck
8