volume_colored_EMA
Function Name: volume_colored_EMA
Tags: Volume
Category: Volume
- Volume Colored EMA is the another type of moving average that applies weighing factors to reduce the lag in a simple moving average.
- Volume Colored_EMA is the volume analysis, it displays a Exponential Moving Average (EMA) over a specified period of time of Volume and a Volume line which using color conditions. If the today volume is more than a specified period of EMA, the volume line displays green color. In the opposite site the today volume is less than a specified period of EMA, the volume line displays red color.
Period |
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Default Value: 5 | Minimum: 1 | Maximum: 999 |
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Type: Numeric |