ReferencesCommonSystem Indicator Methods

Volume Moving Average (VOLMA)

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Description

The Volume Moving Average indicator is an indicator on indicator implementation. It calculates and returns the value of an exponential moving average of volume.

Syntax

VOLMA(int period)

VOLMA(ISeries\<double\> input, int period)

Returns default value

VOLMA[int period] (int barsAgo)

VOLMA[ISeries\<double\> input, int period] (int barsAgo)

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

Parameters

ParameterDescription
inputIndicator source data (Series<T>)
periodNumber of bars used in the calculation

Example

1// Evaluates if the current volume is greater than the 20 period EMA of volume  
2if (Volume[0] > VOLMA(20)[0])  
3  Print("Volume has risen above its 20 period average");

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.