VWMA volume type

[connorgrant5]

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

[NinjaTrader_Kate]

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:

https://ninjatrader.com/support/helpGuides/nt8/iseries_volume.htm

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.