VMACD Indicator (Volume Moving Average Convergence Divergence)

This is not another indicator , just see the picture to know the power of this study
http://www.freeimagehosting.net/uploads/1e120823dd.jpg

Formula Name:VMACD
Formula Full Name:Volumn Moving Average Convergence Divergence
a=EMA(VOL,SHORT) - EMA(VOL,LONG);
b= EMA(a,M);
m=MACD ( a-b);

MACD returns the Moving Average Convergence Divergence indicator. MACD is a momentum oscillator, yet its primary use is to trade trends. MACD has two lines, one called MACD line or fast line and the other MACD signal or slow line. Differents interpretation can be made using MACD.
To get indicator on the chart ,type the below thing in edit formula section .This is with default values , change the values as per your need.
A=EMA(VOLUME,12)-EMA(VOLUME,26);
B=EMA(A, 9);
M= macd(A-B);
Plot(M, "r", colorBLACK, ChartSmoothLine, StyleOwnScale);
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