The related article is copyrighted material from Stocks & Commodities 2009 Oct
//////////////////////////////////////////////////////////// // Copyright by HPotter v1.0 29/08/2014 // The related article is copyrighted material from Stocks & Commodities 2009 Oct //////////////////////////////////////////////////////////// study(title="Combining Exponential And Volume Weighting") Long_period = input(26, minval=1) Short_period = input(12, minval=1) Smoothing_period = input(9, minval=1) xLongMAVolPrice = ema(volume * close, Long_period) xLongMAVol = ema(volume, Long_period) xResLong = (xLongMAVolPrice * Long_period) / (xLongMAVol * Long_period) xShortMAVolPrice = ema(volume * close, Short_period) xShortMAVol = ema(volume, Short_period) xResShort = (xShortMAVolPrice * Short_period) / (xShortMAVol * Short_period) xVMACD = xResShort - xResLong xVMACDSignal = ema(xVMACD, Smoothing_period) nRes = xVMACD - xVMACDSignal plot(nRes, color=blue, style = histogram )