Wondering what type of volume the VWMA indicator looks at? Does not appear to react to VolumeUpDown indicator or Bid/Ask Volume. I attached the indicator. Thanks
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Hello connorgrant5,
Thank you for your note.
This indicator looks at the Volume series for the input data series and gives you a moving average of that:
It does not work with the Buy Sell Volume indicator as the input. If you use the Volume up/down indicator, it will give you the moving average of either the up series or the down series.
Generally though, I just see it used with the primary data series close prices.
Please let us know if we may be of further assistance to you.
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