Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:: 4463
Rating:: (12)
Published:: 2018.07.09 13:31

VAMA_MACD.mq5 (14.99 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Oscillator VAMA_MACD (Volume Adjusted MA MACD) is an MACD, in which Volume Adjusted Moving Average (VAMA) is used for smoothing. To calculate the VAMA, contract price is used, which is divided by the total volume over a period of time.

The indicator has four configured parameters:

Fast MA period - fast MA period for calculating the MACD;
Slow MA period - slow MA period for calculating the MACD;
Signal line period - MACD signal line calculation period; and
Applied price - price used for calculations.

Calculation:

MACD = MAS - MAL
Signal = SMACD / SV
Histogram = MACD - Signal

where:

MAS = FastSPV / FastSV
MAL = SlowSPV / SlowSV

FastSPV - sum of prices and volumes over the Fast MA period;
SlowSPV - sum of prices and volumes over the Slow MA period;
FastSV - sum of volumes over the Fast MA period;
SlowSV - sum of volumes over the Slow MA period;
SMACD - sum of the MACD values and of volumes over the Signal line period;
SV - sum of volumes over the Signal line period.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21045

VAMA

Indicator Velocity and Acceleration MA.

RSS

Indicator Relative Spread Strength.

Reverse_Engineering_RSI

the indicator performs an inverse mathematical transform of oscillator RSI into price and helps assume, at which approximate level the close price of the next day will be, if RSI reaches a certain value.

PGC

Indicator Price Gouging Cycle.

VAMA_MACD - indicator for MetaTrader 5