EVWMA

Elastic Volume Weighted Moving Average (EVWMA), a natural replacement for the standard moving average.

Differences of the EVWMA from the standard МА:

• 1. The EVWMA does not have an averaging period, instead it uses the volume to determine the period of the average component.
• 2. The EVWMA considers the information on volume (or time) in a natural and logical manner.
• 3. The EVWMA can be obtained as an approximation to the statistical estimation, and thus has a mathematical basis.