VW MACD by Kengtrex

позавчераThe Volume-Weighted Moving Average Convergence Divergence (VW MACD) is an enhanced version of the traditional MACD, incorporating volume data for more accurate trend analysis.
Key Features:

Utilizes Volume-Weighted EMAs in MACD calculation
Displays crossovers with green (bullish) and red (bearish) dots
Background color changes to highlight MACD-Signal relationship

Advantages:

More sensitive to volume changes, potentially identifying trend reversals earlier
Reduces false signals by considering volume
Suitable for both short and medium-term analysis

Usage:

VW MACD crosses above Signal (green dot): Potential buy signal
VW MACD crosses below Signal (red dot): Potential sell signal
Use in conjunction with trend and support/resistance analysis for confirmation

Customize parameters to suit your trading asset and timeframe for optimal results.
Developed by Kengtrex - An indicator developer focused on integrating volume data with technical analysis tools to enhance trading efficiency.