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Volume-Weighted Moving Average Cloud Indicator

Article MQL5 code base

Summary

This brief note describes a chart indicator that displays a volume-weighted moving average and fills the surrounding chart area with color. The moving average acts as the boundary separating the colored regions, so the visual presents the line and its associated cloud together.

The document provides only a concise description and a figure reference. It does not explain the calculation, color rules, trading signals, parameter choices, or use in a strategy, and it reports no tests or performance evidence. The indicator can be understood as a chart visualization built around a volume-weighted average, but the note alone is insufficient to assess how it should guide trades or whether it offers an advantage.

Key ideas

  • The indicator plots a volume-weighted moving average with a colored cloud filling chart space.
  • The moving average serves as the boundary between the cloud’s color regions.
  • The note does not specify calculation details, color conditions, or trading rules.
  • No empirical results or strategy performance are reported.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.