MultiCharts
https://www.multicharts.com/discussion/
https://www.multicharts.com/discussion/viewtopic.php?f=5&t=8140
Do you have the formula for Volume Weighted moving average?Hi - Can someone tell me how to change the MACD settings to make them Volume Weighted moving averages instead of exponential? I am using MC 6.1.
Thanks for the help.
Cheers
Code: Select all
//Indicator: VW_MACD
inputs:
FastLength( 12 ),
SlowLength( 26 ),
VW_MACDLength( 9 ),
DisplayVW_MACD( False ) ;
variables:
MyVolume( 0 ),
VW_MACD( 0 ),
VW_MACDAvg( 0 ),
VW_MACDDiff( 0 ) ;
if BarType >= 2 and BarType < 5 then
{ not tick/minute data nor an advanced chart type (Kagi, Renko, Kase etc.) }
MyVolume = Volume
else
{ if tick/minute data or an advanced chart type; in the case of minute data,
also set the "For volume, use:" field in the Format Symbol dialog to Trade Vol or
Tick Count, as desired; when using advanced chart types, Ticks returns volume if
the chart is built from 1-tick interval data }
MyVolume = Ticks ;
VW_MACD = ( XAverage( MyVolume * Close , FastLength )
/ XAverage( MyVolume, FastLength ) )
- (XAverage( MyVolume * Close , SlowLength )
/ XAverage( MyVolume, SlowLength)) ;
VW_MACDAvg = Average( VW_MACD, VW_MACDLength ) ;
VW_MACDDiff = VW_MACD - VW_MACDAvg ;
if DisplayVW_MACD then
begin
Plot1( VW_MACD, "MACD" ) ;
Plot2( VW_MACDAvg, "MACDAvg" ) ;
end ;
Plot3( VW_MACDDiff, "MACDDiff" ) ;
Plot4( 0, "ZeroLine" ) ;Code: Select all
//Strategy: MACD_Diff
inputs: FastLength( 12 ), SlowLength( 26 ), MACDLength( 9 ) ;
variables: MyMACD( 0 ), MACDAvg( 0 ), MACDDiff( 0 ) ;
MyMACD = MACD( Close, FastLength, SlowLength ) ;
MACDAvg = XAverage( MyMACD, MACDLength ) ;
MACDDiff = MyMACD - MACDAvg ;
Plot1( MACDDiff, "MACDDiff" ) ;
Plot2( 0, "ZeroLine" ) ;1. In the future, please use the code tag to wrap around the code. It makes reading the code easier. (I have done it for you this time.)Hi - I found this code on the web but can't get it to compile without errors;
...
You are welcome.Thanks a lot guys. Will do no problem. Appreciate you pointing me in the right direction I am a coding dummy.
Cheers