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Home MACandle MetaTrader 5 Indicator Volume Weighted MetaTrader 5 Indicator | Volume Weighted MACandle

MetaTrader 5 Indicator | Volume Weighted MACandle

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The Volume_Weighted_MA indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the Volume_Weighted_MA indicator algorithm.

In many situations, such approach may be more informative for the purpose of analysis.

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Fig.1. The Volume_Weighted_MACandle indicator

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