# Variable Moving Average [LazyBear]

צפיות ‎22182‎
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Variable Moving Average, often abbreviated as VMA, is an Exponential Moving Average developed by Tushar S. Chande. VMA automatically adjusts its smoothing constant on the basis of Market Volatility .

Use this like other Moving Averages. I have added the following options that can be enabled via options page:
- Trend Direction Indication: Green = Up trend, Blue = Potential congestion, Red = down trend.
- Color bars based on Trend

More info:
http://www.thewizardtrader.com/Education...

List of my other indicators:
- GDoc: https://docs.google.com/document/d/15AGC...
- Chart:
//
// @author LazyBear
// List of all my indicators:
// https://docs.google.com/document/d/15AGCufJZ8CIUvwFJ9W-IKns88gkWOKBCvByMEvm5MLo/edit?usp=sharing
//
study(title="Variable Moving Average [LazyBear]", shorttitle="VMA_LB", overlay=true)
src=close
l =input(6, title="VMA Length")
std=input(false, title="Show Trend Direction")
bc=input(false, title="Color bars based on Trend")
k = 1.0/l
pdm = max((src - src[1]), 0)
mdm = max((src[1] - src), 0)
pdmS = ((1 - k)*nz(pdmS[1]) + k*pdm)
mdmS = ((1 - k)*nz(mdmS[1]) + k*mdm)
s = pdmS + mdmS
pdi = pdmS/s
mdi = mdmS/s
pdiS = ((1 - k)*nz(pdiS[1]) + k*pdi)
mdiS = ((1 - k)*nz(mdiS[1]) + k*mdi)
d = abs(pdiS - mdiS)
s1 = pdiS + mdiS
iS = ((1 - k)*nz(iS[1]) + k*d/s1)
hhv = highest(iS, l)
llv = lowest(iS, l)
d1 = hhv - llv
vI = (iS - llv)/d1
vma = (1 - k*vI)*nz(vma[1]) + k*vI*src
vmaC=(vma > vma[1]) ? green : (vma<vma[1]) ? red : (vma==vma[1]) ? blue : black
plot(vma, color=std?vmaC:black, linewidth=3, title="VMA")
barcolor(bc?vmaC:na)
how to use this indicator in amibroker, i am getting error
השב
harish.khimavat
I am new to amibroker and afl, kindly let me know how to use the above afl
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harish.khimavat
I am getting error 30, syntax error
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how to trade this?
candle close above/below? or on a color change?
if we follow candle close above/below there is multiple trades.
please guide me.
thanks.
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Is there any possibility to set alert system on color changes? Thanks in advance !
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Close to the holey grail when combined with a MACD.
Would it be possible to add another Moving Average into the script like the Colored EMA SMA?
השב
MacChart
Is OK,... worked it out
Great MA!
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Could you please tell, what did you use as a measure of volatility (vI)??
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Hi, why does the line just show as black for me?
השב
BradleyJo
@BradleyJo, Check "Show Trend Direction" and it should color
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