# Volume Weighted Moving Average (VWMA) Volume-weighted moving average: each bar of the source weighted by its volume, so high-volume bars pull the line more. ## How to read it - Price above the line suggests an uptrend, below it a downtrend. - The slope shows trend direction; crosses of price and the line can mark changes. - A VWMA above an SMA of the same period means volume favoured higher prices. ## Key settings - Period 20, source close, offset 0. ## Good to know - Drawn on the price pane, over the candles.