VWMA50

13 Apr 2021

This is a normal volume weighted MA with a length of 50 that i have indicated with red color. there's another VWMA that has a length of 20 named VWMA20 that i have indicated with green color. you can use these two together to understand the flow of the market. whenever the green line breaks and crosses the redline upwards and their both under the price candles it is a possible buying signal and if the green line crosses the red line downwards and both lines are over the price candles it can be a possible sell signal. in an increasing Trend market green line being higher than the red line shows the continuation of the trend and in a decreasing Trend market red line being higher than the green line means the trend is going to continue downwards. i hope everyone Enjoys this set up.