Bubu VWEMA & VWAPVolume Weighted Exponential Moving Average gives additional support / resistance lines to track as well as giving confidence to there respective EMAs.
A VWEMA will act much faster to volume spikes.
Intraday, Daily, and Weekly VWAPs are also shown to give more support / resistance lines to track.
The normal EMA lines (Thick ones) have colours based on a matrix calculated in the back. The Fast EMA is using 20 RSI indicators tracking how many cross above 50. The slow EMA is using 40 MACDs histograms when they cross mid point.
The VWEMA and the fill is graded on 20(fast) and 40(slow) VWEMAs crossovers.
Vwema
CCI with Volume Weighted EMA Here is an attempt to improve on the CCI using a volume weighted ema which is then plugged into the CCI formula.
Use:
The CCI with VW EMA is an oscillator that gives readings between -100 and +100. The usual use is to 'go long' with values over +100 and short on values less than -100.
Another use of this oscillator is a countertrend indicator where one sells at crosses under +100 and buys on crosses over -100.
