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Volume-Weighted MACD Histogram by David Hawkins
Here is the MetaStock code to implement the Volume-Weighted MACD Histogram
from David Hawkins' article in this issue, "Volume-Weighted MACD Histogram".

Volume-Weighted MACD Histogram

PeriodS:=Input("Enter short period",1,500,12);
PeriodL:=Input("Enter long period",2,501,26);
PeriodSig:=Input("Enter smoothing period",1,200,9);
LongMA:=(PeriodL*Mov(V*C,PeriodL,E))/
(PeriodL*Mov(V,PeriodL,E));
ShortMA:=(PeriodS*Mov(V*C,PeriodS,E))/
(PeriodS*Mov(V,PeriodS,E));
VMACD:=(ShortMA-LongMA);
SignalLine:=Mov(VMACD,PeriodSig,E);
VMACD-SignalLine


Volume Weighted MACD Histogram
Source / From: TOP
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