VMACD - Strategy
BUY = Histo > 0
SELL = Histo < 0
uses my VMA formula modified with change to catch see the overall direction of volume compared to price. Much more efficent than VWAP.
* Changed how signal smoothing works
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Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact ericisom887 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.