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Indicators

Volume_Weighted_MACandle - indicator for MetaTrader 5

Views:
4122
Rating:
(13)
Published:
2016.10.10 14:35
Updated:
2016.11.22 07:32
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The Volume_Weighted_MA indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the Volume_Weighted_MA indicator algorithm.

In many situations, such approach may be more informative for the purpose of analysis.

Fig.1. The Volume_Weighted_MACandle indicator

Fig.1. The Volume_Weighted_MACandle indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/15875

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