Buff Weighted Averages

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Summary

Buff Dormeier has given us two averages for the price of one. The first is a volume-weighted average, the second is a simple two-line volume-weighted average.

Screen Shots

Usage

The single-line Buff Average has two inputs: price and length. The price input is the value used in the average calculation, and the length input represents the number of bars that should be used in the average calculation.

The two-line volume-weighted average has three inputs. The price value that should be used in the average price calculation. The ‘FastAvg’ is used to indicate the number of bars to use in the fast volume-weighted average calculation. Finally, the ‘SlowAvg’ is used to indicate the number of bars to use in the slow volume-weighted average. A simple alert will fire off when the two lines cross.

Downloads

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Happy Trading!

Tags: B, Buff Averages, Buff Dormeier, Buff Weighted Averages

22 Responses to “Buff Weighted Averages”

1. Kirsten Kennis says:

   September 1, 2010 at 4:05 am

   Thanks for taking the time to discuss this, I feel strongly about it and love reading more on this topic. If possible, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful for me.

   Reply
2. Janeth Ribiero says:

   August 30, 2010 at 5:23 pm

   You have really good stuff there, Thanks, I think that this is really helpful. I have quite appreciated looking through your posts. Purely excellent what you have accomplished here.

   Reply