As you know one (WPA) it's day volume*typical price and the other one is the mean (average), cumulative avearge between all the WPA calculated (previously).
I would like to know how do you find this indicator... Whay in your opinion is it better or worse than a 20/50 (periods) Esponential moving average / weighted moving average ?
Do you find more ''thrusthworty'' the EMA/SMA or the WAP or the MWAP ?
I have tought that the WPA is the typical price (so a ''mean'' of an average candle) x the volume of the day
Differently by the moving average could it give an approximation of ''what's happening into the market at some point''?
Share your toughts, I would be thankful to learn from you
I would like to know how do you find this indicator... Whay in your opinion is it better or worse than a 20/50 (periods) Esponential moving average / weighted moving average ?
Do you find more ''thrusthworty'' the EMA/SMA or the WAP or the MWAP ?
I have tought that the WPA is the typical price (so a ''mean'' of an average candle) x the volume of the day
Differently by the moving average could it give an approximation of ''what's happening into the market at some point''?
Share your toughts, I would be thankful to learn from you
