BTC seems to like the VAMA!! :-)

A good day to all,

I thought I would give a little heads up on how the VAMA has been performing since it was published last june (and in the past few weeks and months).


The VAMA (Volatility Adjusted Moving Average) is an indicator I created that gives an adjusted moving average, based on the volatility of the past x amount of bars, measured against the ema of a certain length.
The idea came out of my VA adjusted Bands indicator where the VAMA is actually the center line.

The VAMA (and the code for it) can be found here:

So far, BTC and most other assets; seem to follow it quite nicely as a baseline to determine the main trend direction!
Most assets seem to bounce against the VAMA +/- the atr, or once broken, tend to stay on the other side of it.



* Feel free to try it out to see if it can complement your trading system (as a baseline, as a trend indicator,...) with or without the additional longer TimeFrame VAMA
If you find any other interesting uses, please let me know! ;-)

* I wrote the VAMA calculation as a separate function so you can easlily import it into your own code!! A little shoutout in the code would be nice of course! ;-)



Greetings and happy trading,

JD.



#NotTradingAdvice #DYOR

Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!

I build these indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe the best way to learn is toghether.
If, however, you value these contributions, feel free to leave a little something in the tip-jar for my next coffee break ;-)
BTC: 1G9xXYWSoxJR2ikkB7Px6RwBLC5pjHmwZD
paypal.me/jorisduyck

Comment:

This is VAMA on the weekly TimeFrame:

according to the weekly VAMA these are some key levels to watch in the next days and weeks.

If we get a breakout to the upside of the upper band, I would scroll to the left of the previous screenschot to get an idea of what might be possible! ;-)

just my 2 cents,...

Gr, JD.

Comment:

Are we heading back to the 10,000 region?

Comment:

Looks like btc did exactly what the arrow told it to do! :-)