VMA,TV Template
VMA,TV Template LA
LA = less accurate calculation.. and slightly different settings...
Variable Moving Average [VMA] = This is an EMA that can automatically adjust the smoothing percentage based on market volatility.
Its sensitivity increases by giving more weight to current data, which creates better signals for short-term and long-term markets.
Most moving averages cannot compensate for flat versus trending movement and often generate many false signals.
Trend moving averages react slowly to trend reversals when the price moves up and down for a long period of time.
The VMA adjusts its sensitivity and allows it to perform better in all market conditions by using automatic adjustment of the smoothing constant.
VMA is also known as the VIDYA indicator. But this version is a modified concept of VIDYA.
VIDYA was developed by Tushar Chande, and was first introduced in his March 1992 article in Technical Analysis of Stocks & Commodities,
in which Standard Deviation was used as the volatility index. In his October 1995 article in the same journal, Chande modified VIDYA,
to use your own Momentum Oscillator [CMO] as a volatility index, the VIDYA code is the result of this modification.
.