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Volume Weighted MACD (Bollinger style)
This indicator implements a Volume-Weighted MACD inspired by John Bollinger’s approach.
Instead of using standard exponential moving averages, the MACD line is calculated with volume-weighted EMAs, giving more importance to price movements that occur with higher volume. The signal line remains a regular EMA of the VWMACD, preserving the classic MACD structure while adding volume confirmation.
How it works
Fast VWEMA = EMA(price × volume) / EMA(volume)
Slow VWEMA = EMA(price × volume) / EMA(volume)
VWMACD = Fast VWEMA − Slow VWEMA
Signal Line = Standard EMA of the VWMACD
Histogram = Difference between VWMACD and Signal
Purpose
The indicator helps answer a key question: Does volume support the trend?
If price moves are accompanied by strong volume, the VWMACD will reinforce the signal. If volume fades, underlying weakness becomes more visible.
Typical Use
Crossovers for timing entries and exits
Divergences to spot potential reversals
Histogram expansion/contraction to gauge momentum strength
This tool blends trend and momentum analysis with built-in volume weighting to reduce false signals caused by low-participation price moves.
Instead of using standard exponential moving averages, the MACD line is calculated with volume-weighted EMAs, giving more importance to price movements that occur with higher volume. The signal line remains a regular EMA of the VWMACD, preserving the classic MACD structure while adding volume confirmation.
How it works
Fast VWEMA = EMA(price × volume) / EMA(volume)
Slow VWEMA = EMA(price × volume) / EMA(volume)
VWMACD = Fast VWEMA − Slow VWEMA
Signal Line = Standard EMA of the VWMACD
Histogram = Difference between VWMACD and Signal
Purpose
The indicator helps answer a key question: Does volume support the trend?
If price moves are accompanied by strong volume, the VWMACD will reinforce the signal. If volume fades, underlying weakness becomes more visible.
Typical Use
Crossovers for timing entries and exits
Divergences to spot potential reversals
Histogram expansion/contraction to gauge momentum strength
This tool blends trend and momentum analysis with built-in volume weighting to reduce false signals caused by low-participation price moves.
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。