Volume 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...
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...