OPEN-SOURCE SCRIPT
MACD_VXI by Germo
Its a volume-weighted MACD(13/21), by applying VW(8) to the MA formula.
Not a big deal, but I liked it. It reduces some noise imho.
Not a big deal, but I liked it. It reduces some noise imho.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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