
Volume Weighted MACD is an MT5 indicator that swaps the two exponential averages in a standard MACD for volume-weighted averages. It draws a MACD line, a signal line and a two-colour histogram in a separate window.
Get one message the moment it launches, with its price.
Volume Weighted MACD is an oscillator for MetaTrader 5 that measures the gap between a short and a long volume-weighted trend. It follows the familiar MACD layout, so anyone who has used the standard version can read it straight away.
A standard MACD subtracts a slow exponential moving average from a fast one. This indicator keeps that idea but computes both averages with volume weighting. Bars that traded more volume pull the averages harder than quiet bars, so the line reflects where participation was heavier. The signal line is a smoothed exponential average of the MACD line. It is not weighted again, because the MACD line already includes volume.
The histogram shows the distance between the MACD line and the signal line. It is multiplied by a scaling factor so that small changes stay visible in the sub-window. This changes only how the bars look, not where the lines cross.
These readings are interpretations, not rules, and many crosses will fail in sideways markets. Most traders combine them with price structure, support and resistance, or a higher timeframe filter.
The indicator can be attached to any symbol and timeframe in MT5. Because it relies on volume, results depend on the data your broker provides. Forex and CFD symbols usually carry tick volume, while some exchange-traded instruments offer real volume. Compare a few symbols and timeframes on a demo account to see how the lines behave before relying on it.
Exact input names and defaults can differ, so open the inputs tab after attaching the indicator and read the labels there. In general, expect the following kinds of options.
| Setting | What it controls |
|---|---|
| Fast period | Length of the short volume-weighted average |
| Slow period | Length of the long volume-weighted average |
| Signal period | Smoothing of the signal line |
| Histogram factor | Visual amplification of the histogram bars |
Shorter periods react faster but produce more false crosses. Longer periods are smoother but later. Change one value at a time and review the effect on past bars.
Trading carries risk and you can lose more than you expect. An indicator describes past price and volume and does not predict future results. Test any setup on a demo account first and size positions you can afford to lose.
| Product type | Indicator |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Signals, Trend, Momentum, Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Indicator (separate window oscillator) |
| Strategy tags | Signals, trend, momentum, volume |
| Outputs | MACD line, signal line, up histogram, down histogram |
| Markets | Any symbol with volume data in the terminal |
| Timeframes | All MT5 timeframes |
| Trade style | Manual analysis; it does not open trades |
| Requirements | MT5 terminal and a broker feed with volume |
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No. It is a chart indicator that only draws lines and histogram bars. You decide whether to act on what it shows, and you manage any orders yourself.
This listing is for MetaTrader 5. Check that you are running an MT5 terminal before you buy, because indicators built for MT4 and MT5 are not interchangeable.
The standard MACD takes the difference between a fast and a slow exponential average of price. This version uses volume-weighted averages for those two lines, so periods with heavier volume count for more. The signal line is still a smoothed exponential average.
It should load on any broker that runs MT5, but the output depends on the volume figures your broker supplies. On many forex and CFD symbols this is tick volume rather than exchange volume. Test it on a demo account with your own symbols first.
Indicator inputs are normally available from the properties window, opened with F7 or by right-clicking the chart. Look there for the period settings and the histogram scaling factor. Colours and line styles can be edited on the Colors tab.
No indicator can promise reliable signals. Like any MACD-style tool it reacts to price and volume that have already occurred, and the current bar can change until it closes. Trading carries risk and past results do not predict future ones.
Volume Weighted MACD
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