Hi, again, this is lonelygrass. As I have promised before, I will code some useful EA (in my opinion) and provide them for every users on TradingView!.
As known as one of the famous household technical indicators, MACD, is the starting point of my coding career. Surprisingly, I have found volume-weighted MACD (VWMACD) is extremely powerful in the sense that price and volume are basics of trading.
Nothing special, just a volume-weighted indicator. But with bar color alert ( bullish: yellow ; bearish:blue ) and crossover alert , I can guarantee you will have a special experience while using this EA.
Hope you will enjoy it. Glad to know your feedback and support.