What it does
A Volume Adjusted Moving Average in the spirit of Richard Arms' design: each bar's price is weighted by how its volume compares to average volume, so heavy-volume bars pull the average toward their prices much harder than quiet bars. The result is an average of where the real business was transacted rather than a purely time-weighted line. It reacts strongly to institutional-scale activity and glides through low-participation drift.
How to add it
Click Indicators (ƒx) in the header.
Search “Dext VAMA Volume Adjusted Moving Average Function” and click the result.
Hover its legend row and click the gear to open settings.
How traders use it
- Treat VAMA as a fair-value line backed by volume: price above a rising VAMA confirms an advance that volume actually supports.
- Crosses of price through VAMA are more significant than crosses of an equivalent SMA because the line embodies volume commitment.
- A widening gap between VAMA and a plain moving average of the same length reveals that recent volume is concentrated on one side — a subtle accumulation or distribution tell.
- Use VAMA as dynamic support/resistance: heavy-volume zones embedded in the line tend to defend it.
Inputs
| Input | Type | Default | Range / Options |
|---|---|---|---|
| Fast Length | number | 13 | 1–500 |
| Slow Length | number | 55 | 1–500 |
| Sample N | number | 55 | 1–1000 |
| VI Factor | number | 0.67 | 0.1–5 |
| Fast Source | select | close | Close / Open / High / Low / HL2 / HLC3 / OHLC4 |
| Slow Source | select | close | Close / Open / High / Low / HL2 / HLC3 / OHLC4 |
| Strict | boolean | Off | — |
Plots & styling
| Plot | Style | Default color |
|---|---|---|
| Dext VAMA Fast(13) | line | #26A69A |
| Dext VAMA Slow(55) | line | #EF5350 |
Every plot's color, line width and visibility can be changed on the Style tab. Precision, price-scale labels and status-line values are configurable at the bottom of the Style tab.
Tips
- Double-click any of its lines to jump straight into the settings dialog.
- Save the configured chart as a study template (Indicators menu) to reapply this exact setup elsewhere.
- Right-click the indicator's line for quick actions — settings, visibility and removal without hunting through menus.
Watch out for
- The indicator is only as good as the volume data; symbols with erratic or unreliable volume produce a jumpy, misleading line.
- A single extreme-volume event (block deal, expiry) can dominate the average for many bars afterward.